Category Archives: California real estate

New CA Law Says Adjoining Landowners are Equally Responsible for Shared Fences and Boundaries.

New CA Law Says Adjoining Landowners are Equally Responsible for Shared Fences and Boundaries. Adjoining landowners, with properties contiguous or in contact with each another, must share equally the responsibility for maintaining boundaries and monuments between them. Adjoining landowners are … Continue reading

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New CA Anti-Deficiency Law to Protect Homeowners Who Refinance Purchase Money Loans

Purchase money loans in CA are those used by home buyers to finance original buying of the home. Current CA anti-deficiency law protects a borrower from personal liability for the difference between the principal balance and what the lender receives at … Continue reading

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California Property Tax & Mello-Roos Assessments – State Income Tax Filings Starting January 1, 2013

California government has money and budget challenges – and is expected to crack down next year – for tax year 2012 – on property tax payers who have been taking the entire amount they pay (including Mello-Roos and special assessments) as … Continue reading

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Options in California Real Estate Contract Transactions

People ask us about possible lease option agreements to sell and buy properties at Orange County, CA. California real estate contracts sometimes have OPTIONS granted to lessees and proposed buyers. A rent-to-own or “LEASE OPTION contract” usually contains an OPTION TO PURCHASE … Continue reading

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New California Smoke Free Housing Law 2012

California New Smoke Free Housing Law for 2012 The  California Smokefree Housing Law (SB 332) went into effect on January 1, 2012 – added Section 1947.5 to the California Civil Code– and gives multifamily property owners and managers the power to prohibit smoking … Continue reading

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Costa Mesa Real Estate – Preforeclosure, Trustee Auctions, REO Bank Owned and Equity Sellers

  Lender/lienholder results from trustee auction sales after foreclosure for Costa Mesa, California, homes are interesting. 7 Costa Mesa, CA, homes were taken back by lenders so far this month from May 1 to 21, 2011.  Lenders should get possession of these properties, clean them … Continue reading

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California Association of REALTORs(R) – Important Legislative Issues for Real Estate Professionals

  We returned last Saturday from the California Association of REALTORs® annual legislative day in Sacramento, which was followed up by business and board of director meetings. The “Realtor Party of California” theme is fun and an important part of our involvement.  Our group from … Continue reading

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