Open house Policy

I was talking with another broker the other day and they told me very proudly that they don’t do open houses. I was floored! Sure, it’s not often that you write a contract at an open house, but we have actually gotten several sales from that method. (This broker is NOT Nome based, but someone who had referred a listing to me.)  We have one ‘invitation only’ open house the day before the listing goes public, then one shortly after the ads go out.  It’s not uncommon for the invitation only open houses to result in a sale before the general public even knows about the home!

One of the Nome Sweet Homes agents, Pat Robinson, is the reigning Queen of the open house sale. She has closed one out of four open houses that she has hosted.

With odds like that, who can argue that an open house is a waste of time?

At Nome Sweet Homes we will do everything we can to market and sell your home. From superior Internet advertising to traditional advertising, from personal counseling on staging/repairs to hosting open houses, we put every resource we have into getting your house sold!

Call 443-7368 today for a free consultation!


Current AHFC rates

AHFC Single Family Rates Published on 02-Apr-12 at 07:07:37 AM
Alaska Housing Finance Corporation
Interest Rate Summary – Single Family
Rates valid from 4/02/2012 to 4/02/2012
Loan Programs 30 Year
Rural Housing* 3.875
Rural Non-Owner Occupied* 3.875
Tax-Exempt First-Time Homebuyer & Veterans Tax-Exempt** 3.62
Veterans Mortgage Program** 3.87
Taxable 4.125
Non-Conforming I 4.375
Non-Conforming II 4.125
Taxable First-Time Homebuyer 4.00
* Rural Housing and Rural Non-Owner Occupied Loan Programs – Interest Rates are applied to the first $250,000 only. The balance is at the Rural Rate plus 1%.
** For a limited time, new purchases under the Tax-Exempt First-Time Homebuyer, Veterans Tax-Exempt and Veterans Mortgage Programs will receive these lower rates. Streamline Refinances under any of these programs will receive rate +0.25%
Additional rate reductions are available for low to moderate income borrowers and for properties meeting energy efficiency criteria.


Day 6 of HUD Foreclosure

We are on the 6th day after acceptance and we still don’t have a fully
executed contract!  Working with HUD can be so rewarding, both for me at the
Realtor and for the buyer, who is getting a great deal….BUT they are not
kidding when they say what type of check they want to see.  It states in the
contract ” a certified check from a bank or US postal service money order made
out to HUD or ‘buyer’s name’; it’s unfortunately common to see the eager buyer
rushing to the bank, getting a bank money order to HUD, then submitting that
with their contract.

Guess what? Offer can be cancelled!

They honored it and gave the buyer a chance to remedy the situation, but it
is absolutely imperative to follow the instructions when buying a HUD
foreclosure to follow ALL the instructions to the letter.  This buyer could have
lost his contract, and believe me there are plenty of other people waiting in
the wings to pick up this bargain property!


You want a what????

Wow…I just got another one of those calls…
“Howdy, I saw this TV show about gold mining and me and my brother thought we would come check it out. We want to take a look at some land up there; do you have any land with a lot of gold?”
HA!
First, if there is a parcel of land that has been proven to have gold in the dirt, then guess what? The Pomrenke’s or the Anderson’s own it! Just kidding, we have many miners here, but my point is that if someone KNOWS where the gold is, they are getting it out of the ground NOW!

I do have patented mining claims for sale, which means you are free to LOOK for the gold, but you never know what you will find.

The television shows we have seen lately were pretty unrealistic; and there are more shows coming with the lower 48’s facination with all things Alaskan. Which means an increase in population, which should excite a Realor, huh?

It doesn’t.

Don’t get me wrong, I love miners. The saying goes “Some people come to Nome to mine for gold, and some people mine the miners!” However often the miners have no clue what they are doing.

A lot of these new miners are dredging on the coast; this means they are out in the Bering Sea on these dredges, generally little boats that suck the sand (and hopefully some gold) from the ocean floor. Every year some inexperienced miner ends up capsized without proper safety equipment.

So if you come to Nome, call me to buy your placer mine dirt, but unless you have experience dredging in the ocean, stay in Texas (or OK, AR, NY, or where ever you are coming from!) unless you have a local miner sponsoring you (ie making you work for little profit until you know what you are doing!!!)

Be safe!