The California law regarding carbon monoxide alarms comes from Senate Bill (SB) 183 Carbon Monoxide Poisoning Prevention Act of 2010. It is further explained from the California Residential Code , Title 24, Part 2.5, Chapter 3, Section R315, which explains the proper placement of carbon monoxide (CO) alarms. Requirement: CO alarms are required in all dwelling units that have fuel-burning appliances,...
Sellers
In 2013 the volume of offers above asking price which lead to the record number of sales above asking price, was due to the extremely low housing inventory. Although in 2014 we have had a few more houses for sale, we continue to have multiple offers above asking price. This is especially true if the home has curb appeal, is move in ready and has...
As the spring buying season heats up, now is the time to get ahead of the curve with fresh staging tips and updates for spring to draw in buyers. First off, spring staging steps must start with spring cleaning. A freshly organized, clean, dust-free, and de-cluttered home will be all the more appealing to potential buyers who are getting their first look at the property. Get to scrubbing before...
Three Little Fixes You Can Make When Prepping A Home for Sale For Sale (Almost) Homeowners make a lot of memories in their houses, and there's no doubt it's emotional for them to say goodbye to their well-loved kitchens and family rooms when they put their homes on the market. Unfortunately, potential buyers will not be charmed by that "lived-in look." they will only see details that need...
If your credit score is not high enough to qualify to purchase a home at this time, please follow these tips to improve your score over the next few...
VA has revised their loan limits for 2014. San Bernardino and Riverside County remain at a maximum loan amount of $417,000. Los Angeles and Orange County are at a maximum loan amount of $687,500. All other high loan amount counties are listed on the list below. Any county not listed below is at the standard maximum loan amount of $417,000. Please note that loan amounts above these limits are...
Last week I attended a seminar taught by an attorney who is also a CPA. I would like to share with you some important information he shared regarding the best way to hold title on your home. I want every one of my clients to be aware of the benefits and implications of the type of title you are holding on your property. The title to your home or a rental property is a very different type of...
Many people who have owned investment property for any length of time may consider selling the property they have and buying a different property that could increase cash flow, depreciation write offs, and net assets. The main thing that stops most investors from doing this is the fear of paying Uncle Sam thousands of dollars in depreciation recapture and capital gains tax. I work with investors who...