Category Archives: California property values

California Court of Appeal Holds Lender Waived Right to Deficiency Judgment

In First California Bank v. McDonald, a California court of appeal recently held that a lender waived its right to a deficiency judgment where it permitted the sale of real property outside of the judicial foreclosure without the borrower’s consent. … Continue reading

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California Legislature Considers New Tax on Homeowners – SB 391

California Legislature Considers New Tax on Homeowners – SB 391 The CA state legislature has been considering a new tax that would be imposed on homeowners who need to record certain documents with their counties. This $75 per document tax … Continue reading

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CA Property Buyers Should Be Advised About Implications of an Earthquake Zone Report

CA Property Buyers Should Be Advised About Implications of an Earthquake Zone Report. A California court of appeal has ruled that the real estate broker for buyers failed in their obligation to investigate, understand and communicate to buyers the implications … Continue reading

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New CA Law Says Adjoining Landowners are Equally Responsible for Shared Fences and Boundaries

New CA Law Says Adjoining Landowners are Equally Responsible for Shared Fences and Boundaries. Adjoining landowners, with properties contiguous or in contact with each another, must share equally the responsibility for maintaining boundaries and monuments between them. Adjoining landowners are … Continue reading

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California Property Taxes and Proposition 13

Property tax law in California is set forth in the state constitution.  Determination of property taxes is based around Proposition 13, a 1978 voter initiative that took the power of setting the property tax rates away from state legislators.

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Most Californians Still Follow the Suburban Living Dream

Millions of Southern Californians have followed the suburban living dream involving single-family homes during the past fifty years, and that trend continues. Governor Brown has recently tried to dampen the California trend toward single-family home living.  He wants to encourage people to move away from suburbs and toward his urban living model … Continue reading

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New California Smoke Free Housing Law 2012

California New Smoke Free Housing Law for 2012 The  California Smokefree Housing Law (SB 332) went into effect on January 1, 2012 – added Section 1947.5 to the California Civil Code– and gives multifamily property owners and managers the power to prohibit smoking … Continue reading

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New California Laws Impacting People Living Where There are Homeowner Associations

About one in three people in California now live in communities where there are homeowner associations, and new California laws impact those people. CA Senate Bill 150 – new CA law for 2012 – Owner’s right to rent out units at homeowner … Continue reading

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Top 5 Laguna Beach Short Sale Listings

Laguna Beach is one of South Orange County’s most spectacular beach and Pacific ocean-oriented communities. Laguna Beach now has 34 short sale home listings according to the Southern California MLS, and average asking price for these properties is $1,360,000. 1.  … Continue reading

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California Association of REALTORs(R) – Important Legislative Issues for Real Estate Professionals

  We returned last Saturday from the California Association of REALTORs® annual legislative day in Sacramento, which was followed up by business and board of director meetings. The “Realtor Party of California” theme is fun and an important part of our involvement.  Our group from … Continue reading

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