Find out everything you need to know about your future agent.
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. ...
Easement is the right to use the land of another for certain limited purposes, with the consent of the owner. Easements can be created by express agreement or by the operation of law. Utility easement is the most common type of easement. They allow utility companies to use the land of another for a purpose such as laying transmission lines or building roads. Easements can also be creat...
Squatting is a legal concept that allows people to take possession of an abandoned property and use it as if it were their own. In California, squatters have the right to occupy an abandoned property. More so, squatter gain the rights for adverse possession (**Claiming it's their property) if they can prove they live there for 5 continuous years of living. Eviction process ...
What's the difference between Twin home and Duplex. Duplex can be 2 separate units or 2units with shared common wall in one lot. Twin home is the 2 identical homes side by side with shared common wall in between on separate lot. Wait, what's the difference between Twin home and Town home then? Well twin home is classified as single-family home, usually do...
When you are looking into investment properties, you will often hear CAP rate. What's CAP rate? What is it??? This rate is the one of the benchmarks if this property is good investment or not. How to calculate? It's pretty simple. NOI (Net Operation Income) / purchase price. What's NOI? Net operation income is all the income from the rent - all the e...