Advice for home owners SPECIAL REPORT: How PROPOSITION 19 affects property taxes on inherited property In California, parents or grandparents may transfer their primary residence to their children or grandchildren without the property’s tax assessment resetting to market value. However, Proposition 19 only provides exemption from tax reassessment when the transferred property was the primary residence of the qualifying parent(s) or grandparent(s) and the child or grandchild continues to occupy […]
Advice for home owners SPECIAL REPORT: State of California PROP 19 Q&A California Assn of Realtors | Prop 19 Q&A How does Proposition 19 benefit California’s housing market, provide tax savings for homeowners and create new homeownership opportunities? Homeowners who are 55+ or severely disabled can transfer the property tax base of their existing home to another home anywhere in California, regardless of price, to be closer […]
Advice for home owners SPECIAL REPORT: When Markets Shift, there are always people who benefit from the new conditions… Who are the “Winners” in today’s market? Market Observations By Scot Campbell – Real Estate Broker   ~  Source: Freddie Mac & Reports on Housing BACKGROUND: Home Prices skyrocketed from July 2020 through February 2022. Buyers & many Sellers benefited from mortgage rates that dipped all the way down to 2.86% in September 2021… but then the mortgage market began to increase. The […]
Advice for home owners SPECIAL REPORT: Here are the techniques Successful Sellers use to relocate when the housing market slows down What did Southern California homeowners “who needed to move” do the last time there was a housing market slowdown coupled with high mortgage rates? By Scot D. Campbell, Broker | Coldwell Banker-Campbell Realtors | Southern California Background:  It was June 1990… I had been working in Property Management while in college, and just graduated from […]
Don't Miss Our Next Post
Subscribe Now