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Mat-Su Real Estate Deals March 20th, 2007

This post will be a little off-beat for a Realtor. But I promised to tell it like it is, and this post will do that.

Would-be real estate investors often ask me for good deals. They are hoping to find a fixer-upper, do the work themselves, and then re-sell for a profit. Nothing wrong with that, in fact, if I wasn’t so busy finding homes for people, I might do the same thing. But knowing what I know, I wouldn’t waste a lot of time calling local real estate licensees. The listing Realtors job is to help a seller get top dollar for his home.

If the Realtor is doing his job right, the property will be priced fairly, perhaps even attractively, but it will not be priced significantly under the market. Occasionally a seller needs to sell very quickly. These are the few times a Realtor will price a home at a real deal.

I search through the MLS system every week to try to find the deals for newsletter. The inside info for this week does not come from the MLS.

So how can you find the good deals without a Realtor?…here is the inside scoop.

1. Find vacant homes. In Alaska, that’s easy. Just drive around during the winter and find driveways that aren’t plowed. Do not enter the driveway or walk around someone elses home. That’s called trespassing and is a crime. Besides, the neighbors might have a shotgun.
2. Find sellers in trouble. Look at foreclosure notices in the papers. All papers have them but the Alaska Journal of Commerce seems to have more than it’s share. Here is one online source.
3. Contact the owners. Write them a letter. To find their address, look them up on the Mat-Su Borough Website. If the house has a Realtor’s sign in front of it, contact the Realtor not the owner.
4. Treat them with dignity and respect. Most people who are struggling with their mortgage have problems out of their control.
5. Be patient. If you expect to find one good deal out of 100 contacts, that will be about right.
6. Be prepared. You will need to act fast when you do find that good deal so line up your financing ahead of time.

It takes a lot of homework and foot work to find a good deal. But they are out there.

Written by Marty Van Diest Please leave a comment.

Great Real Estate Deals, 3/13/2007 March 13th, 2007

Categories: Deals of the Week

Well, both deals for last week really were good ones. The lot had multiple offers and I think the builder sold 5 of those houses. We wrote four of them ourself.

Those are such good deals for new construction that they make the list this week as well.

He has three bedroom ranch with a one car garage for $157,000. That includes a $35,000 lot, a 100 foot well and a septic. You could move in by August.

The next deal for this week is this log home for only $115,000. Click on the photo to enlarge. It is over 1,700 square feet on almost one acre in the Lazy Mountain Area and out of the wind. It needs some repair to finance. But this is a rare opportunity. Call for details.

My cell phone is 907 232–7900 or you can email by clicking the contact link just under my name above right.

Written by Marty Van Diest 1 Comment »

Deals of the week for 3/06/07…both in Palmer March 6th, 2007

Categories: Deals of the Week

These real estate deals are usually brand new listings. I haven?t seen most of these properties because they just came on the market.? I am making a judgement call based on what I know about the area and about real estate.? I have to look at the photos and judge whether the price seems good based on the market.

It?s important to remember that the really good deals usually are sold within a week or two.? Sometimes, when the market is slower they will take a month to sell.? I have had sellers tell me that they want their home sold within a week.? Well, that?s easy, price it to sell.? It has to be significantly below the competition, perhaps by as much as 10%.??

In the past?articles I?have listed?property that?is fairly priced but not necessarily significantly below the competition.? I am going to try to pare it down only to properties?that seem to be priced to sell very quickly.

So here are the?two deals for this week:

A one acre lot with a very small cabin, view, power, and phone.? $27,500?RE/MAX of Wasilla
Brand New 3 bed, 2 bath, 2 car garage in Palmer? $156,000.? 468 sq ft unfinished, RE/MAX of Wasilla.? This is a ?to be built?

Although these are both RE/MAX listings, I don?t represent either seller.? I would love to represent you on a purchase of these deals.

By the way, a previous deal of the week, this cute cabin, now has 3 offers on it.?

Call me at 907 232?7900 or click the contract button above and send me a message.

If you want to get these messages in your email as soon as they come out click the subscribe button above.?

Written by Marty Van Diest 2 Comments »

Wasilla and Palmer Deals Of The Week February 20th, 2007

Categories: Deals of the Week

Here are the deals of the week for Feb 20, 2007 in Wasilla and Palmer. I reviewed last weeks deals and several are already pending. I only have 7 for this week and I’m sure several of them will be gone by next week.

Here they are.

3520 N Wolverine…$169,900…assessed at $256,000…RE/MAX of Wasilla
5090 W Northern Rose…$217,000…RE/MAX of Wasilla
6370 S Settler’s Bay…$223,000…RE/MAX of Wasilla
2141 N Midtown Drive…$224,900…RE/MAX of Eagle River
8293 N Iditarod…$180,000…Next Home Real Estate
4981 Kipling…$265,000…Prudential Vista Real Estate
8935 Gold Pan…$159,900…Fixer…RE/MAX of Wasilla

I didn’t purposely choose mostly RE/MAX listings. I looked through over 100 listings to find these ones and this week…RE/MAX stood out. That’s good because I work there.

Call me for more info on any of these. I know almost for sure that at least two of these will not last the week. 907.232.7900

Written by Marty Van Diest 1 Comment »

Deal Of The Week In Wasilla And Palmer February 13th, 2007

Categories: Deals of the Week

This will be a regular feature on the Wasilla Real Estate News so check back every Tuesday. If you don’t check on Tuesday just click on the link to the right labeled “deals of the week.

These are all new listings within the past 14 days. Real deals usually don’t stay on the market very long. The screaming deals are usually gone within a few days.

I have not personally inspected all of these properties, but if I were in the market for a real estate deal, I would definitely check them out. It’s important to realize that some properties are deals because of the price per square foot, some because of the land, and some are deals because of their location. Every deal is a little different.

$39,000 Cabin on 0.68 acres listed with RE/MAX of Wasilla

$225,000 3,000 sq ft hanger on 2600 foot runway. RE/MAX of Wasilla

$232,900 1500 sq ft NEW ranch on 0.9 acre. quality home, Prudential Jack White Vista

$255,000 2000 sq ft 4 bed, 3 ba, 2 car, only 3 years old. RE/MAX of Wasilla

$155,000 3 bed, 1 ba, 1 car, only 4 years old on one acre, Prudential Jack White Vista

$229,900 3 bed, 2 ba, 1 car, views in Palmer area. IEC Realty

$195,000 3/2/2 in Palmer, only 5 years old. RE/MAX of Wasilla

$194,900 3/2 /2 in Wasilla, 7 years old. FORECLOSURE. RE/MAX of Wasilla

$145,000 Log Cabin on 5 acres in Wasilla, RE/MAX of Wasilla

Just drop me an email for more info. Or you can call my cell at (907) 232–7900

Written by Marty Van Diest 2 Comments »