Author Archives: bchrealestate

About bchrealestate

Specializing in beach and marina properties at the Channel Islands Harbor on California's Gold Coast located halfway between Malibu and Santa Barbara.

Moving UP or DOWN

Staying at home in 2020 caused of lot of owners to think about how nice it would be to have a larger home to accommodate the additional activities that come along with isolating. Particularly for people with children at home … Continue reading

Posted in Uncategorized | Leave a comment

Rental Home Investments

Rental homes whether they be single-family detached properties, condos, two, three or four-unit properties share many of the same benefits. Most people instinctively understand many of the working parts because they are the same as their home. They have a … Continue reading

Posted in Uncategorized | Leave a comment

Pre-Listing Inspections

Imagine what happens when there is not a pre-listing inspection. The buyer contracts for the home with a provision for professional home inspection. When it is made, there could be things that the buyer didn’t expect or even, anticipate. If … Continue reading

Posted in Uncategorized | Leave a comment

Would you move if it was to your advantage?

A much-repeated investment strategy is to buy low and sell high. Some people who purchased around the financial crisis of 2010-2012 are poised to make considerable profits. The median home price in America is now $295,300 up from $155,600 in … Continue reading

Posted in Uncategorized | Leave a comment

Debt-to-Income Ratio Affects Approval & the Interest Rate

Debt-to-Income ratio is a tool that lenders use to qualify buyers for a mortgage and is an important factor in determining loan approval. It provides an indication of the amount of debt that a potential borrower is obligated to in … Continue reading

Posted in Uncategorized | Leave a comment

Buyer’s Closing Costs

Ideally, each party will pay their own closing costs associated with the purchase and the sale of a home, but they can be negotiable based on lender requirements and market conditions. The fees are usually paid at the settlement and … Continue reading

Posted in Uncategorized | Leave a comment

Where Did the Assumptions Go?

Mortgage assumptions have not been a practical matter for the last 30 years because mortgage rates have been on a steady decline. Even if the seller had a rate lower than the current rate, the new purchaser must qualify to … Continue reading

Posted in Uncategorized | Leave a comment

Vacation Home Sales Up 44%

Vacation home sales are up 44% year-over-year according to the National Association of REALTORS® based on sales during the July to September period. Not only are the number of units up, but they are also selling faster than in previous … Continue reading

Posted in Uncategorized | Leave a comment

Home Inspections

A home inspector is another key professional involved in a real estate transaction. Many times, the sales contract will have a provision that allows the purchaser to have inspections made to discover issues that are not readily apparent or have … Continue reading

Posted in Uncategorized | Leave a comment

First Things First

If you are making a particular meal for the first time, it is essential to have a recipe so that it turns out the way it should. Knowing the ingredients and preparation can guide you through the process. Buying a … Continue reading

Posted in Uncategorized | Leave a comment