Month: September 2021

WHAT DOCUMENTS DO YOU NEED TO SELL YOUR HOUSE

WHAT DOCUMENTS DO YOU NEED TO SELL YOUR HOUSE?

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WHAT DOCUMENTS DO YOU NEED TO SELL YOUR HOUSE? In this article we will tell you about the documents you need for selling your home. Selling a house is often a complex process that needs a considerable amount of documentation. Moreover, if you think that selling your home on the local real estate market is […]

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HOW PROPERTY TAXES IN CALIFORNIA WORK

HOW PROPERTY TAXES IN CALIFORNIA WORK

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The property tax is the oldest major revenue source for state and local governments. At the start of the 20th century, property taxes represented 8 percent of state and local tax income. While this proportion has decreased over time as states have implemented income and sales taxes, the property tax remains an important mechanism for funding education and other local facilities. In addition to state income taxes, a person who owns real estate is subject to state real estate taxes.

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HOW TO DO SUPPLEMENTAL PROPERTY TAXES

HOW TO DO SUPPLEMENTAL PROPERTY TAXES

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California State law was changed on July 1, 1983, to require property revision of the 1st day of the month following an ownership change or the end of a lease of the latest construction.
What is meant by new construction is any significant addition to real estate (e.g., adding a new pool, room, or garage) or any substantial change which reestablish a building, room, or another enhancement to the equivalent of the most recent (e.g., completely renovating an outdated kitchen).

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HOW TO SEARCH IN EAST BAY MLS

HOW TO SEARCH IN EAST BAY MLS

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The Multiple Listing Service (MLS) is the root of the real estate industry. On the East bay MLS, only licensed real estate agents or brokers list the property for sale. This could include certain for-sale-by-owner properties if the seller is working with a cheap real estate agent and paying a flat price for the service. An East Bay MLS listing contains all-important information about a property, as well as photographs and videos. Almost all homes for sale through real estate agents are posted on the Multiple Listing Service (MLS) unless the owner expressly requests that the house not be listed for privacy reasons. Only the realtor is aware that the home is for sale in these instances.

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