Real Estate Affiliates in Anchorage, Eagle River and Girdwood, Alaska Provided by Jerry Richie & Rhonda Richie

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School Reports in Anchorage, Eagle River and Girdwood, Alaska

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Schools in Anchorage, Eagle River and Girdwood

Financing Your Home >Finicky Financiers

Buying an old house to fix up has an attraction for many people. If you can find a house with charm and character, a renovation may enable you to create just the living environment that you want. You should start with a good real estate agent to help you locate the right house and recommend lenders who make both acquisition and construction loans.

Financing a renovation is perhaps the most difficult part of the whole project, especially if the house needs extensive work. Few banks will make these loans to people who are not professional developers. You should prepare for your loan application by having a written proposal. It helps to have an engineer's report or architectural plans and to include estimates from contractors covering the costs and timetables for the work to be done. Your real estate agent can help you put together a market analysis of the neighborhood to show that you will not be over-improving the property compared with other homes in the area.

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Q	Where is the world's largest wine cellar, and how big is it?
A	A company in the center of the wine-growing district of South Africa has a cellar that covers an area of 54 acres and has a capacity of 27 million gallons.
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Jerry Richie & Rhonda Richie, REALTOR®, real estate agent and broker for Anchorage, Eagle River and Girdwood, Alaska home listings, property and land for sale - NUMBER1EXPERT™

Jerry Richie
Dynamic Properties
3111 C Street, #100
Anchorage, AK 99503
907-227-2961
Fax: 888-821-6438
jerryrichie@NUMBER1EXPERT.com

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