The National Flood Insurance Program (NFIP) provides up to $350,000 of flood insurance coverage where required for a federally backed mortgage in Nome and Kotzebue.
CLICK HERE TO SEE NOME HAZARD MITIGATION PLAN. (warning, it’s a rather large PDF file)
Tired of punching a clock? Like to help people? Have a good attitude and a strong sense of personal responsibility? If you have ever considered a career in real estate, I would like to help!
Flexible hours, hands on mentor-ship, and you would be entering the market during a period of growth. I will walk you thru the process of getting your required education and license!
Call or email for more information!
Bank foreclosure, handyman special.
Access to city power
Shared driveway available for access to your lot!
3+ acre lots on Beam Road, stellar views. Power is accessible and road is plowed all year long! Located outside of city limits so there are NO PROPERTY TAXES!
While it isn’t as available as it once was, there are still some financing options that do cover 100% of the purchase price of the home!
- VA offers 100% financing with NO DOWN, no PMI (private mortgage insurance), closing costs can be paid by the seller.
- USDA Guaranteed Rural offers 100% financing, fixed rates, gift funds allowed for closing costs and allows for new construction.
In addition, purchasing a Nome Sweet Home requires much less than the 20% downpayment required in the lower 48. The FHA downpayment is only 3.5%, and the HUD184 for Alaska Natives is typically only 2.25% down.