Time’s ticking for Californians aiming to buy their first home with a little financial boost this year. The California Dream for All program, a hit since its launch last year, is set for a comeback on April 3. It offers first-time buyers a chance to shave up to 20% off their down payment costs, with
In 1978, California passed Proposition 13, a major change to real estate tax law. It set a cap on property taxes at 1% of a property’s assessed value and limited yearly increases to no more than 2%. This was done to keep property owners from facing huge tax increases when property values shot up. Proposition
Ah, California! Land of sunshine, stunning coastlines, and dreams. But when it comes to buying a house here, things can get pretty real, pretty fast. This is one of the most significant investment decisions you’re likely going to make during your lifetime, so you need to prepare well. If you don’t do due diligence, you
Selling or buying a property in the country’s most competitive real estate market is no easy feat, but when you start taking taxes into account, the process of selling your California home can quickly become an incredibly expensive feat! Now, no matter how steep tax rates might be at the moment, you should keep in mind that
