So, your offer got accepted and you jump up and down in joy. The escrow is opened and now what? Now it's the time to get busy and start getting your loan and inspection done.
I can't stress enough the importance of getting an experienced and honest home inspector. The average cost of home inspection for single family home is about $395.
After inspecting your future new home, he will tell you what's wrong with the house, whether you should get a specialist to inspect the roof, plumbing, mold, etc. If there are defects in the house, you can go back to the seller and ask for reduction in sale prices, or request repair. You can even back-out if you are still in your contingency period.
According to HUD, here are ten things you should as the inspector before you agree to use him.
This applies also to new home purchases.
Tuesday, March 31, 2009
Sunday, March 29, 2009
Lower your property taxes and enjoy the savings!
Under State law, (Proposition 8), if the current market value of your property falls below the assessed or taxable value as shown on your tax bill, the Assessor’s Office is required to temporarily lower the assessment. This type of property tax relief generally applies to more recently purchased properties. If you feel you qualify for this reduction, please file this form with the Assessor’s Office between January 1 and May 30.
For example:
Home assessed value: $850,000
Annual Tax Bill (est. rate 1.3%): $11,050
Savings after filing a successful appeal:
New appealed value: $725,000
New annual tax bill: $9,425
NET SAVINGS in the first year: $1,625
Link to form:
http://arcc.co.san-diego.ca.us/docs/valrev.pdf
If you live in San Diego and need help with comparables, feel free to
email me at sansan2@gmail.com.
My service is complimentary.
For example:
Home assessed value: $850,000
Annual Tax Bill (est. rate 1.3%): $11,050
Savings after filing a successful appeal:
New appealed value: $725,000
New annual tax bill: $9,425
NET SAVINGS in the first year: $1,625
Link to form:
http://arcc.co.san-diego.ca.us/docs/valrev.pdf
If you live in San Diego and need help with comparables, feel free to
email me at sansan2@gmail.com.
My service is complimentary.
Friday, March 27, 2009
School Boundaries Look Up
One of the main concerns for home buyers is the school district of the home. Some people just want to stay in the same school district, some wants to move because they are trying to get to another school.
Now you can look up the school boundary online.
Click on the link below for school serving the address of the home.
Carlsbad Unified
Encinitas Unified
San Marcos Union
Have a great weekend!
Now you can look up the school boundary online.
Click on the link below for school serving the address of the home.
Carlsbad Unified
Encinitas Unified
San Marcos Union
Have a great weekend!
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