Tag Archives: California real estate

Millennials in California Value Home Ownership

Millennials in California value home ownership. A new survey by the CALIFORNIA ASSOCIATION OF REALTORS® was designed to evaluate the millennial generation’s attitude toward home ownership. Respondents were asked questions about different things from effect of the recession on their … Continue reading

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California Legislature Considers New Tax on Homeowners – SB 391

California Legislature Considers New Tax on Homeowners – SB 391 The CA state legislature has been considering a new tax that would be imposed on homeowners who need to record certain documents with their counties. This $75 per document tax … Continue reading

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CA Property Buyers Should Be Advised About Implications of an Earthquake Zone Report

CA Property Buyers Should Be Advised About Implications of an Earthquake Zone Report. A California court of appeal has ruled that the real estate broker for buyers failed in their obligation to investigate, understand and communicate to buyers the implications … Continue reading

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New CA Law Says Adjoining Landowners are Equally Responsible for Shared Fences and Boundaries.

New CA Law Says Adjoining Landowners are Equally Responsible for Shared Fences and Boundaries. Adjoining landowners, with properties contiguous or in contact with each another, must share equally the responsibility for maintaining boundaries and monuments between them. Adjoining landowners are … Continue reading

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Most Californians Still Follow the Suburban Living Dream

Millions of Southern Californians have followed the suburban living dream involving single-family homes during the past fifty years, and that trend continues. Governor Brown has recently tried to dampen the California trend toward single-family home living.  He wants to encourage people to move away from suburbs and toward his urban living model … Continue reading

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California Property Tax & Mello-Roos Assessments – State Income Tax Filings Starting January 1, 2013

California government has money and budget challenges – and is expected to crack down next year – for tax year 2012 – on property tax payers who have been taking the entire amount they pay (including Mello-Roos and special assessments) as … Continue reading

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REO Sellers of Homes Required to Provide Written Disclosures to Buyers

REO buyers of homes in California should make sure that REO lender/sellers provide all disclosures that are required by law. REO lender/sellers in California are in some situations exempt from property disclosures to buyers based upon theory that they are … Continue reading

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Amazingly Good Purchase Money Home Loan Rates Continue at Orange County CA Real Estate

Purchase money home loan and mortgage rates quoted this week by First Capital Mortgage, Newport Beach, CA, continue to be amazingly low.    Tim Sibley Direct 949.721.5018 Fax 949.640.7091 tsibley@firstcapitalmtg.com Sam Isaac Direct 949.574.3556 Fax 949.640.7091 sisaac@firstcapitalmtg.com Downloads Loan Application Payment … Continue reading

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Options in California Real Estate Contract Transactions

People ask us about possible lease option agreements to sell and buy properties at Orange County, CA. California real estate contracts sometimes have OPTIONS granted to lessees and proposed buyers. A rent-to-own or “LEASE OPTION contract” usually contains an OPTION TO PURCHASE … Continue reading

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New California Smoke Free Housing Law 2012

California New Smoke Free Housing Law for 2012 The  California Smokefree Housing Law (SB 332) went into effect on January 1, 2012 – added Section 1947.5 to the California Civil Code– and gives multifamily property owners and managers the power to prohibit smoking … Continue reading

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