Selling a probate property is complex enough. Selling one with a tenant living in it, especially one who pays low, rent-controlled rent or has stopped paying altogether, adds a layer of difficulty that scares off most general agents. This is a problem that falls directly into the attorney’s lap unless ...
Continue ReadingIn real estate, we often talk about market timing. But for Baby Boomers and seniors, Life Timing is far more critical when considering a downsize. I call this finding the Goldilocks Window—the time when everything is “just right.” The Problem with “Too Early” or “Too Late” Too Early: ...
Continue ReadingOne of the most unpleasant conversations an attorney has to have with heirs today revolves around the “Step-Up” in property taxes. Since the implementation of California’s Proposition 19, the ability for children to inherit their parents’ low property tax base has been severely restricted. What was once a simple transfer ...
Continue ReadingMuchos de mis clientes mayores de 55 años sueñan con mudarse a una casa más pequeña, más manejable o más cerca de la familia, pero se sienten atrapados en su casa actual. La razón principal es el miedo a que sus impuestos prediales (property taxes) se disparen al comprar una ...
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