Entries from Dan Melson's Website tagged with 'taxes'

New Consumer Article: Short Sale Negotiators and the Interests of Potential Buyers

The new consumer article for today is Short Sale Negotiators and the Interests of Potential Buyers. An awful lot of nonsense gets tried with short sales, most of it for the benefit of lazy listing agents who shouldn't have taken...

San Diego Assessment Appeals Board

Been a while since I posted this: In California, your property taxes are based upon your purchase price (plus no more than 2% per year, compounded). But if values fall, you can get your assessment lowered by appealing your assessment....

Buying and Selling Properties with Unpermitted Additions

Unpermitted additions are popular in California because of property tax implications. You see, due to Proposition 13 back in 1978, taxable assessments are based upon purchase price plus no more than 2% per year since acquisition (although if you...

Refinancing Has No Effect Upon Property Taxes

do your property taxes go up in California when you refinance your property This is one of those urban legends. People are concerned that because the house is appraised by the lender, the assessor is somehow going to find...

Seller's Failure to Disclose a Pending Assessment

I am about to close on a condo unit. At the last minute, we received the resale document from the management company. All units are being assessed a one time charge of $3000 due in full Nov. 1 for roof...