Author Archives: bchrealestate

Aspiring homeowners can overcome the challenge of saving for a down payment by taking advantage of various sources of assistance. Discover a variety of down payment sources available to first-time homebuyers, from family gifts and retirement account withdrawals to tax … Continue reading →

Property taxes are an essential part of homeownership, but understanding how they are calculated can feel like unraveling a complex puzzle. However, by unlocking the secrets of property tax calculation, homeowners can gain valuable insights into their tax obligations and … Continue reading →

Planning for a comfortable and secure retirement is a priority for many individuals. While traditional investment options like stocks and bonds play a crucial role, there’s another avenue that holds great potential, rental real estate. Let’s explore the 12 key … Continue reading →

Purchasing a home can feel like an overwhelming project, but the long-term advantages of homeownership make it a smart investment to secure your future where the benefits extend beyond simply having a place to live. Building equity is one of … Continue reading →

Having a list of talking points prepared before meeting with a real estate agent can be incredibly valuable in guiding the conversation and helping you make an informed decision about who will represent you in the sale of your home. … Continue reading →

As a homeowner, you’ve likely invested a significant amount of time and money into furnishing and decorating your home with items that are important to you. Unfortunately, unexpected events like natural disasters or burglaries can result in the loss or … Continue reading →

Keeping track of capital improvements to your home can help you avoid taxes later down the road when you sell it. Some homeowners don’t even consider such a thing because they are aware of the capital gain exclusion of up … Continue reading →

With mortgage rates having doubled what they were in early 2022, getting the lowest rate possible could mean the difference in being able to buy a home or at the very least, makes it much more affordable. Some people are … Continue reading →

An appraisal gap describes the difference between the sales price and the lower amount of the appraisal required by the mortgage being obtained by the buyer. It becomes an issue if the seller is not willing to lower the price … Continue reading →

Sales in March 2023 were down 2.4% month over month and still down 22.0% year over year according to the NAR Housing Snapshot. The median sales price dipped 0.9% to $375,700 and there are 2.6 months supply of homes on … Continue reading →