In the most recent election, Proposition 19 was placed into law by a slim majority and will be in effect as of April 1, 2021. Prop 19 gives new property tax breaks to homeowners over 55 while increasing the for those who will inherit their family's properties. The most important point is . . . heirs will now pay the market value in taxes. Where it benefits older homeowners is when they sell their...
Having enough money to put as a down payment is one of the biggest roadblocks to purchasing a house, especially to first-time buyers. If you're one of the many people who aspire to turn their homeownership dream into a reality, you probably know that among the many things you need to start doing is to save money for a down payment. However, it’s easier said than done and may be...
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