Author Archives: bchrealestate

Buying a home is one of the most significant financial decisions most people will ever make, yet it’s a process fraught with potential pitfalls. The good news? By learning from the common mistakes others have made, you can sidestep unnecessary … Continue reading →

With high home prices, more buyers may turn to Federal Housing Administration (FHA) loans in the coming year. These government-backed mortgages are known for their flexible borrower requirements, such as lower credit scores and down payments as low as 3-5%. … Continue reading →

Each year, homeowners receive a notification of their property tax assessment, which, when combined with the local tax rate, determines how much they owe in property taxes. While this process is meant to fairly reflect a home’s value, assessments are … Continue reading →

Opportunity cost is the value of the next best alternative that you give up when making a decision. In real estate, this concept plays a crucial role for buyers who are delaying to purchase a home due to high interest … Continue reading →

If you’re holding off on buying a home because you think prices are too high or mortgage rates will drop, you might want to consider the opportunity cost of waiting. While it may seem like a safer choice to keep … Continue reading →

When selling a home, full transparency is key. Seller disclosures provide potential buyers with crucial information about the condition of the property, ensuring a fair and informed transaction. Understanding what must be disclosed and why it matters can help protect … Continue reading →

When working with a real estate agent, it’s important to understand the level of responsibility they have toward you as their client. In almost all cases, when a seller lists their home with an agent, an agency relationship is formed, … Continue reading →

In today’s digital world, protecting your online information is more important than ever. You likely have multiple accounts…email, banking, investments, and social media…all of which need strong, unique passwords. Trying to create and remember complex passwords for each site can … Continue reading →

In today’s high-interest-rate environment, homebuyers are looking for every possible advantage to secure an affordable mortgage. One often-overlooked opportunity is assuming an existing FHA or VA loan, especially those issued in the past few years when interest rates were at … Continue reading →

If you’ve owned your home for a long time, chances are its value has increased�maybe even doubled, tripled, or more. But did you know that a law written in 1997 still limits the amount of capital gains tax exclusion, despite … Continue reading →