Special offer

Startegies behind Prop 60 and Prop 90

By
Real Estate Agent with Coldwell Banker BRE #01513285

Regarding my previous post on Prop 90 Click Here for the previous post there is a way to buy another home up to 10% above the current value that you sold your home for. For instance if you sell your old home first and then buy another home within the first year you can go up 5% in the purchase price of a new home. If you sell your home and then buy after one year has passed but within less than 2 years you may go up 10%. You as the buyer may also pay the commission outside of escrow to get more of a home also. Now is the chance to transfer your property tax base and move closer to your firends and or loved ones.

Posted by

Mike Jackson, CNE, CDPE

Broker Associate

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