by Marketing | Jun 4, 2024 | Real Estate
Significant regulatory changes can impact property transactions. One such critical update involves Los Angeles’ property transfer tax, commonly referred to as the “Mansion Tax,” though its official name is the ULA Tax. This tax was implemented through...
by Marketing | May 21, 2024 | Escrow
Close of escrow is a term commonly used in real estate transactions to signify the final step in the process where the sale of a property is completed. Here’s a more detailed breakdown of what it involves: 1. Completion of Conditions: All conditions of the purchase...
by Marketing | May 15, 2024 | Escrow, Real Estate
Do you have a foreign investor eyeing a property in California? Navigating the intricacies of real estate transactions, especially across borders, can be daunting. However, there’s one crucial step that can significantly streamline the process: wiring funds to...
by Marketing | Apr 5, 2024 | Real Estate
Proposition 19, also known as the Home Protection for Seniors, Severely Disabled, Families, and Victims of Wildfire or Natural Disasters Act, is a significant piece of legislation that has implications for property owners in California. Passed in November 2020, it...
by Marketing | Apr 1, 2024 | Real Estate
Property taxes in California are governed by state law and are assessed and collected by county governments. Here’s how property taxes generally work in California: Assessment of Property Value: Property taxes are based on the assessed value of the property. The...
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