Monthly Archives: January 2020

Who Earns the Commission?

Posted on January 29, 2020 by bchrealestate

What do you think the motivating reason would be for the 5% of all homebuyers who chose not to work with an agent but instead conducted their own home search, contacted the seller, negotiated the contract, located their financing, arranged … Continue reading →

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Take the Standard Deduction & the Home

Posted on January 21, 2020 by bchrealestate

Now that the standard deduction is increased to $12,200 for single taxpayers and $24,400 for married ones, many homeowners are better off with the standard deduction than itemizing their deductions to write off their mortgage interest and property taxes. There … Continue reading →

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Understanding Reverse Mortgages

Posted on January 14, 2020 by bchrealestate

Reverse mortgage loans are like traditional mortgages that permits homeowners to borrow money using their home as collateral while retaining title to the property. Reverse mortgage loans don’t require monthly payments. The loan is due and payable when the borrower … Continue reading →

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Downsizing in 2020

Posted on January 7, 2020 by bchrealestate

Approximately 52 million or 16% of Americans are age 65 and over. It is easy to understand that some of them are thinking of downsizing their home because they don’t need the same space they did in the past. It … Continue reading →

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