Proposition 19: Property Tax Increase Limits on Primary Residences
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How does Proposition 19 change the rules on tax basis portability? Prop 19 allows a homeowner who is 55 years of age or older, severely disabled or whose home has…
Category: Real Estate
Realtors Market Minute Oct 15 2020
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The macroeconomic data is encouraging as businesses report stronger results and increased optimism. The labor markets continue to heal as well, albeit at a slower pace. C.A.R. also released its…
Realtors Market Minute October 8 2020
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The economic and market data for this week continues to paint a picture of an economy that is recovering, albeit at a slower pace than during the initial phase of…
Buyer, Beware: 5 Home-Buying Negotiation Tactics That Can Backfire
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Cathie Ericson Real Estate News and Advice | Realtor.com® There’s no denying that buying a home is a costly endeavor—in fact, it’s likely the most expensive purchase you’ll ever make.…
What a New-Home Warranty Really Covers
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Source: “What a Builder Warranty Covers on New Construction (and What You’re on the Hook for Yourself,” realtor.com® A new home will often come with a warranty from the…
New Zealand Bans Foreigners From Buying Homes
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Source: “New Zealand Passes Ban on Foreign Homebuyers Into Law,” Reuters Lawmakers in New Zealand are hoping to combat soaring home prices and rising homelessness by banning nonresident foreigners from…
The Shortcomings of Preapprovals
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Source: Tim Malburg, president of Wilton, Conn.-based Capstone Mortgage Company It’s common advice for buyers to obtain a mortgage preapproval letter from a lender before going out with a real…
When and How Much Should You Water Your Lawn?
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July 3 2018 Source: “How to Water a Lawn, and When: Odds Are, You’re Doing It All Wrong,” realtor.com® For green, vibrant grass, it is essential for homeowners to…
The importance of seller disclousures and 5 tips for filling them out
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Your seller’s TDS (Transfer Disclosure Statement) and SPQ (Seller Property Questionnaire) are two of the most important documents a seller will complete, they will be closely scrutinized by the buyer…
House Passes 5-Year Flood Insurance Extension
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Daily Real Estate News | Wednesday, November 15, 2017 The House passed legislation Tuesday to reauthorize the National Flood Insurance Program for five years, which would include reforms. But because…