Blog by Robert MacLean

The passage of California Proposition 19 means substantial changes to the manner in which real property is reassessed in California. These changes will bring greater flexibility to certain property owners who are over 55, but will mean greater restrictions on certain intra-family transfers.

Title to real property in California may be held by individuals, either in Sole Ownership or in Co-Ownership. Co-Ownership of real property occurs when title is held by two or more persons. The following brief summaries reference seven of the more common examples of Sole Ownership and Co-Ownership.

For today’s buyers, the high entry cost can be daunting, but the potential for future wealth, tax savings, and a vibrant life is real—if you plan smartly. The lessons from long-term homeowners offer valuable insights, lets break it down.

Your lender will give you a pre-approval letter to help you understand your true price range and how much money you can borrow. That can make it easier when you set out to search for homes because you’ll know your overall numbers.

Buying a home is a major transaction that can seem even more complex when you don’t understand the terms used throughout the process.