Are you over 55 thinking about relocation in California?

Did you buy your house 40 years ago and currently paying property tax for ONLY $800 even though your house worthies over $2 million?

Is this the reason why you cannot go anywhere? Because you are afraid that your property tax will be jump up astronomically?

Great news! You can carry your current property tax to the new purchase.

Have you ever heard CA proposition 60/90 and 19?

Proposition 60/90 (California). Proposition 60/90 allows senior homeowners to transfer their base year value to a replacement home of equal or lesser value within the same county or contiguous county. The transfer of the tax base allows the senior homeowner to avoid reassessment of the replacement home. It also allows them to transfer the lower base year value to the new property.

What's the difference in a nutshell?

• proposition 60 intrastate (within same state)
• proposition 90 state to state
• proposition 19 severely disable or wildfire victims.

Do you want to know more about this?

TEXT : 310-525-0615

Email : hitomi@jhagents.com

Hitomi Gruenberg (DRE - 02145354)