Since 1974, the state of California has offered to reduce the assessed value of any "owner-occupied home" by $7,000. That, in turn, reduces the home’s annual tax bill. You just have to apply once, and the ‘homeowners exemption’ will be applied automatically to your assessment until you move out or ... » Learn More about Are You Missing Out On Your Property Tax Exemption?
Regulations and Laws
1st Time Buyer -Shared Appreciation “California Dream For All” Loan; Good, But Not Really For All
It’s hit the media, the second round of the government's “Dream For All” in 2024 will be very different than the first round last year. Created in 2022, Dream for All was originally envisioned as a 10-year, $10 billion investment before lawmakers scaled it back last year. In 2023 only $300 ... » Learn More about 1st Time Buyer -Shared Appreciation “California Dream For All” Loan; Good, But Not Really For All
California Gets an “F” in Financial Literacy Education per 2023 National Report Card on Financial Literacy in High Schools
A recent “report card” from the Center for Financial Literacy at Champlain College in Vermont shows there has been a significant increase in the number of states requiring students to take personal finance courses before graduation. Seven states received an “A”. Four states received an “F” including ... » Learn More about California Gets an “F” in Financial Literacy Education per 2023 National Report Card on Financial Literacy in High Schools
How The US Debt Affects Mortgage Rates
The United States is facing a dire fiscal situation, with a federal debt that has exceeded $33.7 trillion as of November 11, 2023. This staggering number equates to over $100,000 of debt for every single person in America. The debt servicing is presently $1.8 Billion per day. (Note this is not ... » Learn More about How The US Debt Affects Mortgage Rates
Avoid Fraud – Los Angeles County e-Notification Alerts
There’s a lot of fraud against real estate owners. With the e-Notification service, you can register your email now to be alerted whenever a foreclosure, transfer of title, or mortgage is recorded on your property with the Los Angeles County Registrar-Recorder/County Clerk. This notification allows ... » Learn More about Avoid Fraud – Los Angeles County e-Notification Alerts