In California, real estate sellers have specific disclosure obligations when selling residential properties containing one to four units. These requirements are designed to ensure that potential buyers are fully informed about the property’s condition and any known defects. Here are the key points regarding real estate disclosures in California: Disclosures Requirements Timing and Delivery of […]
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California Proposition 60, also known as the Transfer of Base Year Value for Persons Age 55 and Over, allows individuals aged 55 or older to transfer the assessed value of their primary residence to a new home, thereby potentially reducing their property tax burden. Here are the key details: Key Features of Proposition 60 Conclusion
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Capital Gains in California: What You Need to KnowAre you considering selling your property in the California real estate market? Understanding capital gains is essential to maximizing your profit and minimizing surprises. Here’s a quick look at the pros and cons of capital gains in California real estate. Pros Cons Why Work With a Professional
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Los Angeles Fires Los Angeles, known for its scenic beauty and vibrant communities, often faces the devastating challenge of wildfires. As professionals in the real estate industry, we at M-1 Realty understand the deep concerns that homeowners and investors have regarding the impact of these fires on property values, safety, and the long-term sustainability of
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