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AB 957 ensures that home buyers can use local escrow services to provide better service at lesser cost in the purchase of bank owned houses. The bill, which takes effect immediately as an urgency...

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Proposition 8 was passed in California in 1978 as a constitutional amendment that allows a temporary reduction in assessed value when a property incurs a “decline–in–value.” A decline–in–value...

No Fee to Approve Short Sales and Short Sale Law Now Applies to Junior Loans Governor Brown has signed Senate Bill 458 (Corbett) expanding anti–deficiency protection to all 1–4 residential...

Property Tax Transfers, Exemptions, and Revenue for Wildfire Agencies and Counties Amendment (2020) Permits homeowners who are over 55, severely disabled, or whose homes were destroyed by...

Those who have owned their homes for a while, easily see the value of Proposition 13. Many of us remember that before Proposition 13 the average property tax rate in California was three percent...

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