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in Fairbanks Alaska Relocation
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For most people, finding the right home in Fairbanks, Alaska is just the first step. Finding the right financing to buy a home is essential to make the home purchase occur! A home buyer has a choice of local mortgage lenders and national lenders advertising on the Web. Many home buyers find that using local Fairbanks, Alaska lenders (with rates very comparable to online mortgage brokers) help ease some of the stress of moving. Home buyers have more personal service, and the mortgage companies have a better relationship with appraisers and other real estate professionals. Ask about adjustable rate loans if you are guaranteed to be relocated out of Fairbanks within the next 5 years. I had a friend who found a 40 year adjustable with 5 year fixed rate. He knew that he had guaranteed relocation buy-out at the end of his assignment so he wasn’t worried about building equity. He ended up paying less than half in a mortgage payment than he would have paid in rent! Short on cash? There are many mortgage lenders in Fairbanks that now offer 100% financing – no down payment certainly helps keep moving expenses down!
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Fairbanks (IPA: ['f?r?bæ?ks]) is a Home Rule City in Fairbanks North Star Borough, Alaska, United States. It is the largest city in the Interior region of Alaska, and second largest in the state. It is the principal city of the 'Fairbanks, Alaska Metropolitan Statistical Area' which encompasses all of Fairbanks Northstar Borough. At the 2000 census, the population of the city was 30,224. The population of Fairbanks and vicinity is 82,840.[1]. The nearby College is home to the University of Alaska Fairbanks, the oldest college in Alaska. Fairbanks is located at 64.837780° North, -147.71639° West (Sec. 10, T001S, R001W, Fairbanks Meridian)GR1. Fairbanks is located in the Fairbanks Recording District. Fairbanks is located in the heart of Alaska's Interior, on both shores of the Chena River, near its confluence with the Tanana River in the Tanana Valley. By air, Fairbanks is 45 minutes from Anchorage and 3 hours from Seattle. It lies 358 road miles north of Anchorage. -- Source: Wikipedia.com
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Census Data for Fairbanks, Alaska
| Fairbanks | Alaska | United States | |
| Population | 30,224 | 626,932 | 281,421,906 |
| Median age | 27.6 | 32.4 | 35.3 |
| Median age for Male | 27.4 | 32.4 | 34 |
| Median age for Female | 27.9 | 32.5 | 36.5 |
| Households | 11,075 | 221,600 | 105,480,101 |
| Household population | 28,325 | 607,583 | 273,643,273 |
| Average household size | 2.56 | 2.74 | 2.59 |
| Families | 7,187 | 152,337 | 71,787,347 |
| Average family size | 3.15 | 3.28 | 3.14 |
| Housing units | 12,357 | 260,978 | 115,904,641 |
| Occupied units | 11,075 | 221,600 | 105,480,101 |
| Vacant units | 1,282 | 39,378 | 10,424,540 |
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