Frequently Asked Questions

What will offer for my house?
If your home qualifies for the plan there will be an independent appraisal done by an appraiser selected by you from a list provided by BCH. BCH will offer you 90% of the appraised value.

What will I be required to do?

» Agree to implement the BCH Five-Point marketing plan
» List your house with an Broker for at least 180 days
» Buy another house through a Broker designated by BCH
   (not required for sellers age 55+ moving to a rental property)

Does this mean I have to buy a new home listed with BCH?
No. You are only required to purchase your next home through a Broker designated by BCH.

What expenses will I have?
Your cost for participation in the Sellers Security Plan will include the same expenses due in any other home sale, including the sales commission and other closing costs customary in your market area.
In addition there are certain other expenses. Contact an Office for full details.

How Do I qualify for the Sellers Security Plan?
Your house must be a single-family primary residence. Houses must have an av ge appraised value of at least $50,000 and not more than $750,000. Mobile homes, co-ops, or multi-family homes are not eligible for the plan. Properties that have an abandoned storage tank on site are also not eligible. Other conditions also apply.
To see if your property is eligible and to learn more, contact an Office.