Author Archives: bchrealestate

A number of things can cause water damage to a home and it’s important to know whether they’re covered by your insurance policy. Some water damage may be covered and other may not be. Generally, you need an incident to … Continue reading →

A 30 year fixed-rate mortgage hasn’t always been the standard. As part of FDR’s New Deal in 1934, the Federal Housing Administration was created to help Americans purchase homes with affordable terms. Prior to then, many loans had an amount … Continue reading →

The question plaguing every tenant who wants a home of their own is whether they should continue to rent or is it the right time to buy? The combination of good prices and low mortgage rates make it considerably cheaper … Continue reading →

Rental properties have four primary factors that contribute to a return on investment. Based on market conditions and investor strategies, the individual motivating factor can change for property owners. There was a time when the benefit of tax savings to … Continue reading →

Some people believe they shouldn’t refinance more often than once every two years. The determining factors are if you’ll lower your payments and plan to stay in the home long enough to recapture the cost of refinancing. If so, you … Continue reading →

FHA loans require mortgage insurance premium to cover a possible loss to the lender if the property has to be foreclosed and sold. The premium is substantial and eliminating the MIP would reduce the payment considerably. The MIP must remain … Continue reading →

A quick once-over of the items on this list may improve the safety and security of your home and could protect your family and friends. It is important to periodically pay attention to these things because things change over time. … Continue reading →

The latest Housing Affordability Index from the National Association of REALTORS® shows an interesting trend taking place this year that needs buyers’ attention. Most people know that the mortgage rates are still at incredibly low rates but don’t feel there … Continue reading →

It can be unsightly and upsetting when a home in a neighborhood isn’t being maintained like the others. It might be an overgrown yard, a fence in need of repair, paint peeling on the home or even a car parked … Continue reading →