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 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...
by Marketing | Mar 14, 2024 | Real Estate
Prospective homeowners are encountering a significant roadblock: obtaining homeowner’s insurance. The Golden State is facing a crisis in the insurance sector that’s leaving many homeowners stranded without coverage. Let’s delve into the challenges...
by Marketing | Feb 21, 2024 | Escrow, Real Estate
In California real estate transactions, a quitclaim deed is a legal document used to transfer ownership interest in a property from one party (the grantor) to another (the grantee). Here’s how it typically works within the context of an escrow: 1. Initiation:...
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