September 16th, 2015 at 10:00 am
Spend less time searching for open houses and more time attending them. Each Thursday you’ll receive complete information by email about upcoming open house events throughout Southern California.
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August 26th, 2015 at 10:00 am
Thinking of buying that vine-covered Victorian in Ventura? The Spanish Colonial Revival in Santa Monica? The cute Craftsman cottage in Coronado?
Owning a historic home can be a labor of love, complete with admiring neighbors, official recognition, and significant tax breaks. Or it can be a constant repair job, a money pit with little or no return on investment – which often can just be sweat equity.
If you’ve found a historic home in California and are committed to living in it, or fixing it up as a rental or investment, there are two words you need to know: Mills Act. This state law, enacted in 1972 and administered by the state Office of Historic Preservation, allows cities to enter into contracts with the owners of historic structures. These “historical property contracts” require a reduction of property taxes in exchange for the continued preservation of the residence.
August 5th, 2015 at 10:00 am
Rents are up in Southern California. So are home prices. You want a place of your own, but aren’t sure if you should buy or rent. What’s your best course of action?
Good question, but finding the right answer takes some digging. First, some statistics:
July 13th, 2015 at 10:00 am
You’ve found the home of your dreams. You have a preapproval letter from a lender. You’ve put in an offer that’s been accepted. So–pardon the expression–you’re practically home-free, right?
Not exactly. There’s still that one-word process you need to get through: escrow.
It’s easy to define escrow. But reaching close of escrow and having the keys to the front door in your hand depend on many factors.