Leaving California Real Estate In recent years, a significant trend has emerged among homeowners, particularly those in high-cost states like California. Faced with soaring real estate prices, high living costs, and substantial tax burdens, many have decided to capitalize on their home equity and relocate to states with a more affordable cost of living and […]
Certified Probate Agent – Kevin Kent
We’re here to help. We have lived through it in our own families. My wife is also a Trust and Probate litigator. We understand. Here are the main points to understand as far as what we can do for you beyond just marketing your property on or off-market: Introduction to Probate Real Estate: A brief […]
Case Study # 2 – On Top of the World
Case Study # 2 – On Top of the World. A good friend of mine referred a young couple my way. They were both in their early 20s and were adamant that they wanted no financial help from their parents. They were specific about where they wanted to buy and how much they wanted to […]
Home Loan Recasting
Home Loan Recasting is re-buying down your existing home loan to reduce your mortgage payment. If you have a low-interest rate loan and want to lower your payments, re-casting is the solution. Not all lenders will provide for it. A mortgage recast is when you make a lump-sum payment toward the principal balance of your loan. […]
Solar Electricity generators
Solar Electricity generators. There are many benefits to having a home with solar panels, including reducing or eliminating electric bills, reducing carbon emissions, and hopefully improving the value of the home. Did you know having solar panels on a home could impact the transaction in a major way? It’s dependent on three factors: whether the […]
Transaction Coordinator – TC
Transaction Coordinator – TC Part of our team is the transaction coordinator or TC. They work for you and me and the overall deal. There is a lot of paperwork including disclosures, inspection, escrow docs, and others specific to your situation. TC’s work for you, not the Escrow or the seller. Again, they work for […]
Proposition 19
How does Proposition 19 affect the tax assessment transfers: In California, eligible homeowners who are 55 years and older, severely disabled, or victims of wildfires and natural disasters may transfer their tax assessments to a different home of the same or lesser market value, within the same county, which allows them to move without paying […]
Propositions
The New PROPOSITION 19 & 58 Explained Propositions 19 is designed to make it more affordable for retirees or older homeowners to sell their primary residence and move to another part of California. Set to begin April 1, 2021, eligible California properties may be sold and enjoy a property tax base transfer. That means you […]
Millennials
Millennials born between 1982-2000, now number 83.1 million and represent more than one-quarter of the nation’s population. Their size exceeds that of the 75.4 million baby boomers. Millennials are on track to becoming the most educated generation in history. This means they are also the generation with the most student debt. Depending on the type […]
Buying – Equity from your old house to a new one
Buying – Equity from your old house to the new one – To take advantage of today’s market, homeowners often move into a new home that better meets their current needs (moving to a larger home or downsizing as the kids move out. If you are one of the many who are unsure of how […]