Tag Archives: OC property value guide

What Happens When CA Property Is Not Deeded Into a Living Trust

Revocable Living Trusts are popular in California and a way that lots of people hold title to their real estate and other assets. However, some people forget or neglect to transfer their assets into that trust. Example is that a … Continue reading

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CA Court of Appeal Rules in Favor of HOA on its Short-Term Rental Rules

Some homeowners associations in California have disputed whether a homeowner can violate its rules and rent out their homes on a short term basis. An HOA adopted a rule that homeowners who rented out their homes could not do so … Continue reading

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How to Protect Your Home’s Property Tax Basis and Transfer to Replacement

Property taxes are very important for home owners at Orange County CA. This is true because property taxes are based upon assessed values at Orange County, and those have values have increased significantly since 2009. People who have owned a home … Continue reading

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California Court Holds Lender Waived Right to Deficiency Judgment

In First California Bank v. McDonald, a California court of appeal recently held that a lender waived its right to a deficiency judgment where it permitted the sale of real property outside of the judicial foreclosure without the borrower’s consent. … Continue reading

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California AB 1888: New CA Law on Real Estate Transaction Transparency

California AB 1888:  New California Law on Real estate transaction transparency CA Governor Brown approved Assembly Bill 1888 in June 2014, eliminating the option for parties to avoid disclosing in public records the amount of documentary transfer tax payable at … Continue reading

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Mortgage Rates Stay Down with Huge News For Home Buyers at Orange County CA

Fantastic news for homebuyers is that home loan mortgage rates at Orange County CA went down big-time during 2014 and have stayed down. 4.5% was the average rate on a 30-year fixed loan offered by lenders one year ago today … Continue reading

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Does a Will Cover Everything I Own?

Does a Will Cover Everything I Own? No. Generally speaking, your will affects only those assets that are titled in your name at your death. Those assets that are not affected by your will include Life insurance. The cash proceeds … Continue reading

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“Community Property and Community Property With Right of Survivorship” – California law on holding title to property

California law on joint ownership of real property   “Community Property and Community Property With Right of Survivorship” A married couple or registered domestic partners may hold property as community property. (Cal. Fam. Code §760.) Community property is similar to joint … Continue reading

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U.S. Estate Tax Is On Your Right to Transfer Property at Your Death

Some people we talk with are confused about what the U.S. Estate Tax is and on what basis that would be owed and paid. According to the Internal Revenue Service the U.S. Estate Tax is a tax on your right … Continue reading

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Orange County CA Home Selling Prices Moderate

Good news for home buyers is that Orange County price appreciation is no longer in white hot territory. Home sellers this year 2014 need to seriously consider the comps and what buyers are paying for homes. Our Orange County real … Continue reading

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