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  HOME ABOUT US FAQ RESOURCE CENTER CONTACT US LOCATE MORTGAGE BROKERS January 06, 2009
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Mortage Terms


  > Bear market
A market in which, in a time of falling prices, shareholders may rush to sell their stock shares, adding to the downward momentum.
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  > Panic
A series of unexpected cash withdrawals from a bank caused by a sudden decline in depositor confidence or fear that the bank will be closed by the chartering agency.
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  > Wildcat strike
A wildcat strike refers to any type of strike that is not sanctioned by the union. Wildcat strikers are not protected by the NLRA provisions and may be permanently terminated by the employer.
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   Frequently Asked Questions About Mortgage Brokers

Where can I acquire the experience to be a licensed Real Estate Broker?

Many firms offer formal training programs for both beginners and experienced agents. Larger firms usually offer more extensive programs than smaller firms. More than a thousand universities, colleges, and junior colleges offer courses in real estate.

How many jobs did Real Estate Brokers hold last year?

In 2002, Brokers held approximately 99,000 jobs.

Once an offer is submitted on a property, how is my offer evaluated ?

A number of criteria are considered when evaluating offers from prospective purchasers. These include, but are not limited to, net funds received after deducting brokerage commissions and sale expenses, and payment terms considered in light of the applicant's credit worthiness and ability to perform.

How can I determine a good Real Estate Broker from a lousy one?

Choosing a professional Real Estate Broker is a difficult choice. It is highly recommended to shop around and frequent two or three to see which one you feel more comfortable handling your real estate business.


Contact a local Alaska Mortgage Broker


If you live in the following Alaska cities and need a mortgage broker you should contact our Alaska mortgage Broker as soon as possible:

  • Anchorage
  • Bethel
  • Chugiak
  • Eagle River
  • Fairbanks
  • Juneau
  • Kenai
  • Ketchikan
  • Kodiak
  • North Pole
  • Palmer
  • Sitka
  • Soldotna
  • Wasilla
       
 
Did You Know?    
 
 
Most renters believe that they are covered by their landlord’s insurance.
This is a common misconception. Renters are not covered by their landlord's homeowners insurance policy. Perhaps due to this misconception, 64 percent of renters have no renters insurance.
 

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Legal Disclaimers
The information provided on Mortgage Brokers Alaska.com is not intended to be mortgage advice, but merely conveys general information related to mortgage issues commonly encountered.

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