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Major Loan Options for Buyers

Major loan options for buyers they should know about. This includes FHA, VA, Conventional and Vacation Properties. Home Loan Highlights:...

buying property

Purchasing Property and Septic Systems

Buying a cabin or home creates excitement, however, this purchase also requires some thought and planning about how wastewater will...

sellers

Offers: Counter, Reject or Accept

You’ve received an offer on your property. Awesome! Now what? It’s important to negotiate real estate offers to earn the...

market update

2022 Year End Market Updates

2022 was a wild year in the real estate world. We started the year strong and slowed down as interest...

sellers

Tax Aspects of Home Ownership: Selling a Home

This article was written by a Turbo Tax Expert, dated 12/1/2022 Profit on home sale usually tax-free Many home sellers...

EXP Realty

Thank you for 2022

Thank You for another Unforgettable Year! As winter approaches here in Northern Minnesota, we want to take a moment to...

vacation rentals

VRBO’s in St. Louis County

Short term rentals in St. Louis County--What You Need to Know Reminder: St. Louis County regulates VRBOs. St. Louis County regulates short...

EXP Realty

B.I.C. Realty affiliates with eXp Realty

B.I.C. Realty and it’s real estate agents are excited to announce they have joined forces with eXp Realty, the fastest-growing...

buying property

Property Escalation Clause

What Is An Escalation Clause And When Is The Time To Use One? It’s not uncommon for sellers to receive...

Uncategorized

Local Business Spotlight: True North Home Inspection

Kyle Hotchkiss founded True North Home Inspection in 2016 in Northern Minnesota, serving St. Louis, Itasca, Koochiching, Lake and Cook...

buying property

Questions on Floodplains

Minnesota is known as the Land of 10,000 Lakes and with that comes the potential for flooding. If you are...

floodplain, lakeshore

buying property

Reasons Buyers Are Losing out on Homes

There’s no doubt this is a difficult environment for buyers. With low inventory and high demand, buyers have few options...

buying property sellers

Code of Ethics

Did you know Realtors are obligated to follow a pretty lengthy Code of Ethics? This helps to bring integrity and...

property taxes

Property Taxes and Assessed Value

How does the Assessor determine your property value? It's property tax assessment letter season. And, this year, many homeowners in...

sellers

How Much Money will You get when You Sell Your Property?

Considering selling your home, hunting land, lake cabin or recreational property? If so, you are probably wondering how much money...

sellers

Why Low Inventory is a Win for Sellers

The number of houses, lake homes and recreational property for for sale today is significantly lower than the high buyer...

sellers

One Time Showing Agreement

What is a One Time Showing Contract? A “one-time showing agreement” or a Showing and Commission Agreement is a commission...

loans

Seller Pay Closing Costs

Asking the Seller to Pay for the Buyer's Loan Closing Costs?Throughout Minnesota it is common for the buyer to ask...

covid-19

Welcome 2021!

All of use at BIC Realty are looking forward to 2021! Our goal is to provide amazing customer service to...

covid-19

COVID-19: Buying and Selling Property

You might think that now is not the best time to sell your property. For some people maybe not, but...