Author Archives: bchrealestate

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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.

What Would You Give?

Posted on February 14, 2017 by bchrealestate

Yogi Berra said he’d give his right arm to be ambidextrous. While most first-time home buyers are not going to that extreme, it is interesting to see what sacrifices are being made according to the National Association of REALTORS® 2016 … Continue reading →

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Mortgage Loans from Relatives

Posted on February 7, 2017 by bchrealestate

Occasionally, when dealing with close relatives who might also become heirs, signing a note and handling the paperwork properly may seem like a needless effort but it could mean the difference in being able to take a legitimate interest deduction. … Continue reading →

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Proof of Purchase

Posted on January 31, 2017 by bchrealestate

People who experience a property loss are usually asked by their insurance company for proof of purchase which can come in the form of a receipt or current inventory of their personal belongings. Even the most organized people might find … Continue reading →

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Boomers Are Staying In-Place

Posted on January 24, 2017 by bchrealestate

There seems to have been an accepted progression for homeowners going from starter home, to gradually moving into one’s dream home, then, downsizing after becoming an empty nester and finally, into a retirement home. However, Marianne Cusato’s 2016 Aging-in-Place Report … Continue reading →

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Attracting Buyers

Posted on January 17, 2017 by bchrealestate

There is a common body of knowledge among real estate professionals that indicates that the longer a home is on the market, the lower the price will be. Many sellers discount this belief in the beginning because they feel confident … Continue reading →

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Rent or Buy – You Pay for the House You Occupy

Posted on January 10, 2017 by bchrealestate

The ironic thing about people who think they can’t afford to buy a home for themselves, end up buying the home for their landlord. There are several facts that support this notion. Mortgages, whether held by an owner-occupant or an … Continue reading →

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Facts or Myths

Posted on January 3, 2017 by bchrealestate

“It’s impossible to get low down payment loans.” – MYTH! FHA down payments are 3.5% and VA is 0%. In some areas, there may be some 0% down payment USDA loans available. FNMA and Freddie Mac have 3% down payment … Continue reading →

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“This is going to be the year”

Posted on December 27, 2016 by bchrealestate

Every year, it seems like the same things are on the list but this could be the year you really do invest in a rental home. Rents are climbing, values are solid and mortgage rates are still low for non-owner … Continue reading →

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What a Difference 50 years Makes

Posted on December 20, 2016 by bchrealestate

In 1966, a gallon of gas was $0.32 and today, it is $2.49. A dozen eggs were $0.60 but they’ve only doubled to $1.33. A gallon of milk was $0.99 and today, it costs $3.98. You could send a letter … Continue reading →

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Can 0.5% Really Equal 5%?

Posted on December 13, 2016 by bchrealestate

Since the election, rates have started going up and it will have a direct effect on the cost of housing. There is a rule of thumb that a ½% change in interest is approximately equal to 5% change in price. … Continue reading →

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