Eagle River Alaska Real Estate News & Listings Presented By Prudential Vista Real Estate, Inc.

Gracious House Lodge at mi. 82 Denali

Sat, 13 Mar 2010 10:03:45 GMT

Spectacular views in the heart of AK. Fish/hunt/birdwatch/flightsee/4-wheel in summer & lots of winter opportunities incl snowmachine/hunt/ski/dog mush, or just enjoy! 55 bed lodge + staff quarters, cafe. MatSu bar license, airstrip adjacent, hangar, tire/auto shop, gas station, RV & tent camp sites. Over 15000 visitors pass through each summer season. Real Estate, bar license,name, & equipment.

17140 Hideaway Ridge Dr, Eagle River, AK 99577

Tue, 02 Mar 2010 10:02:18 GMT

Another ''Quality Wallace Home'' to be built with his attention to detail, love of quality & your input. ''MONET Model''. Until the foundation is in, you can choose any style home, or model. Talk to us & we can quote a price & specs for your choice of home that fits on the lot. This is a level lot, backs up to trees & has easy access.

Spacious, modern, comfortable, sunny

Fri, 15 Jan 2010 10:03:08 GMT

Hylen Crest custom home on large southfacing lot in one of the sunniest spots in Eagle River Valley. Updated and modernized. Large open kitchen with stainless steel range-hood. 2 family rooms one off kitchen, one on ground level and a quilt studio, formal dining and living. Beautiful bright kitchen with breakfast baran. Hardwood flooring. Ceramic fireplace surround.Bedroom and full bath on main level. Master suite on top level with jacuzzi, separate large shower, lg. walk in closet. Lots of extras makes this home functional & comfortable as well as spacious.

Denali view

Wed, 30 Dec 2009 10:03:21 GMT

Custom home on large lot w/view (on a clear day) of Inlet & Denali. Great room on top floor has a stunning view, & stunning kitchen. Master suite is large w/corner jacuzzi, walk-in all tiled shower, & large walk-in closet. 2nd bedroom w/privacy bath access. Ground-lower level rental unit with bedroom, greatroom, bath & office. Separate entrance.

2010 Outlook for the Alaska Economy

Wed, 30 Dec 2009 07:11:00 GMT

top floor corner unit

Wed, 16 Dec 2009 10:03:44 GMT

Top floor, cornerunit, great south and west facing windows in living room. Views toward Chester Creek and Sitka street park across street. Convenient access to hospitals, bases, shopping& trail systems. Secure common areas, Wood Fireplace. Master bedrm w.walk in closet, privacy access to bath. Dues include everything and Cable, except electric. .

Quiet neighborhood with easy access

Wed, 16 Dec 2009 10:03:44 GMT

Price Reduced !!

Delightful home on large lot with south exposure, private fenced yard, large decks to enjoy it, and parking space for toys. Updated kitchen, baths with tile, laminate floors, new appliances. Vaulted ceiling living room with fireplace. HUGE family room down. Large entry added. Not your normal split. Home inspection done/ available to review

Commerical lot in the Heart of Downtown Eagle River

Sun, 15 Nov 2009 10:01:23 GMT

Excellent location in the heart of Eagle River. Small log building has water/sewer/el/phone all hooked up. Building included in price. Seller will consider all reasonable offers, possible owner finance, possible trades. Building can be removed by owner, if desired by buyer. Please do not disturb tenant. Business in bldg is NOT included.

TAX CREDIT passed congress

Fri, 06 Nov 2009 09:59:00 GMT

NAR Frequently Asked Questions

Homebuyer Tax Credit Changes

National Association of REALTORS

Government Affairs Division

500 New Jersey Avenue, NW, Washington DC, 20001

Here are some of the most frequently asked questions on the changes to the Homebuyer Tax Credit

Question: Existing homeowner credit: Must the new house cost more than the old house?

Answer: No. Thus, for example, individuals who move from a high cost area to a lower cost area who

meet all eligibility requirements will qualify for the $6500 credit.

Question: I am an existing homeowner. On October 25, 2009, I signed a contract to purchase a new home. I have lived in my current home for more than 5 consecutive years and am within the new income limits. I will go to settlement on November 20. If President Obama has signed the bill by the time I go to settlement, will I qualify for the new $6500 tax credit?

Answer: Yes. The existing homeowner credit goes into effect for purchases after the date of enactment (when the bill is signed). There is no reference to the date of contract for the new credit. The provision looks solely to the date of purchase, which is generally the date of settlement.

Question: I am a firsttime homebuyer but was not within the prior income limits at the time I entered into my contract to purchase on October 30, 2009. I will be covered,however, by the new income limits. If the new rules have been signed into law by the time I go to settlement, will I be eligible for a credit?

Answer: Yes. The new income limitations go into effect as soon as the President has signed the bill. The income limit and other eligibility rules will look to your status as of the date of purchase, which is the settlement date. So if the new rules have been signed when you go to settlement, you should be eligible for the credit (or a portion of the credit if you're within the phaseout range).

Question: I am an eligible existing homeowner. I have a fair amount of equity in my home. I have found a home with a nonnegotiable price of $825,000. Will I be able to use any of the $6500 tax credit?

Answer: No. The $800,000 cap on the cost of the purchased home is firm at $800,000. Any amount above $800,000 makes the home ineligible for any portion of the credit. The $800,000 is an absolute ceiling.

Question: I owned my home for 10 years, but sold it two years ago year and have been renting since. If I purchase a home, will I be eligible for the $6500 tax credit if I meet all the other eligibility tests?

Answer: Yes. Because you lived in the home for more than 5 consecutive years of the previous 8, you will qualify for the $6500 credit. For example, Say John and his wife bought a home in 2000 and lived there until 2008 when he got a divorce. Whether John has been renting or bought in the interim, he WOULD INDEED be eligible for the credit because he owned a home and occupied it as his principal residence for 5 consecutive years out of the last 8 years. The keyword here is "consecutive." As long as he lived in that house for 5 years straight what he did since 3 years doesn't impact eligibility.

Question: I am an eligible firsttime homebuyer. I entered into a contract to purchase on November 1, 2009. Do I have to go to closing before December 1? How does the extension date affect me?

Answer: You do not have to close before December 1. Once the legislation has been signed, it will be as if the Nov 30 date had never existed. Therefore, so long as the contract settles before April 30 (or July 1, worst case), the purchaser will be eligible for the credit.

FIXER UPPER ON 3.98 flat acres w. creek

Thu, 29 Oct 2009 09:01:16 GMT

Bring your hammer, saws, tools, & energy. This home next to the creek & close to the highway was finished, then partially stripped, and the refinish is left up to an ambitious buyer. PRICED TO SELL STRICTLY AS-IS. CASH ONLY 2 lots combined acreage sqf. Estate sale, disclosures waived. Square footage includes converted garage.

One offer accepted, one back up

Bring your dogs to this fenced yard

Tue, 27 Oct 2009 09:04:17 GMT

Bring your critters & people w/love of colors to enjoy this cheerful home on 1/2 acre w/winter view of Inlet & mountains. Fully fenced back yard for safe play. Storage shed, huge back deck. Appliances are new & barely used. Open great room concept with ''Woodstove'' fireplace insert, Breakfast bar, dining area, vaulted ceilings. 2 br, bath up, family rm, 2br, bath down. Separate laundry room.

Room for people and tools and toys

Wed, 07 Oct 2009 09:03:06 GMT

Bring the toys & the people..1000 sqf garage + storage. Spacious home on landscaped corner lot w/underground sprinkler system. Tasteful designer touches & colors, gourmet kitchen, w/granite, cherry cabs & wood floor. Stainless steel appliances, formal dining, sitting room. Great room concept. Expansive views. Extensive upgrades throughout. See supplement for complete list of upgrades.

Should I Buy a Home Now?

Thu, 26 Feb 2009 09:56:00 GMT

I'm often asked if this is a good time to buy a home. Some clients are concerned that home prices may fall further than they have already. They are assuming that the best course of action is to wait for the bottom in the market and then buy. The problem with this approach is that you don't know where the bottom is until you see it in the rear view mirror, meaning until you've missed it!

Home prices are one factor in determining your cost of ownership, but so are interest rates and financing availability. Even though interest rates have gone up in the last six months, they are still near historic lows. Since your monthly mortgage payment is a combination of paying down your principal and paying the interest owed, if home prices come down a little further but interest rates go up, it could cost you even more to service a mortgage on an identical home!

While a home is a major investment, it is also the center of your personal life. It's important to live in a home that reflects your taste and values, yet is within your financial "comfort zone." To that end, it may be more important to lock in today's relatively low interest rates and low home prices, rather than to hope for a further break in prices in the future.

Please give me a call if I can be of any assistance in determining how much home you can afford in today's market.