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Long Beach/Southern California Real Estate
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Information and commentary to keep buyers and sellers up on the Southern California and Long Beach area real estate.
Recent Posts Tagged With 'property taxes'
Are You Taking Advantage of Your Decline in Market Value and Homeowner Exemptions?
Do you know about your property tax reduction option? Generally, the median home price in California is about the same as 2004, so if you bought your residence after that time, you might want to apply to the Los Angeles County Assessor for a reductio...
Historic Renovation and Property Tax Benefits
The Mills Act was enacted in California in the 1970's, but is now much more widely known due to its 40-60% reduction in property taxes for qualified properties.Effective March 7, 1973, Chapter 1442 of the Statutes of 1972 (also known as the Mills Act...
Property Tax Reduction
Don't pay more property taxes than what your current market valuation indicates. If you bought property 2 years ago, or less, then you probably want to keep close track of your local selling prices for properties similar to yours. For information on ...
California's Updated Property Tax Withholding Laws
California's property tax withholding laws have been revised recently, and below are some basics per the legal counsel of California Association of Realtors. An important thing for buyers and sellers to note is that the REALTOR is not the person char...
Mello-Roos and Property Taxes
I frequently am asked about Mello-Roos Districts by those who aren't sure what they are or where they are located. These districts were formed after the enactment of Proposition 13 in 1978 which was voted in to restrict public agencies' ability to in...
