Many mature homeowners want to but hesitate to move to a better, more expensive home they desired because of the higher carrying cost, particularly the hefty jump in real estate tax.
🎯Effective April 1, 2021, Prop 19 allows Californians over 55 years old to transfer their lower property tax bill when moving to another home anywhere within the state, even to a more expensive home 🏡 The new property tax for the more expensive home will be higher, but not as much as other regular homebuyers. This special rule can be used 3 times. You can sell your old residence and buy a new one now as long as escrow closes on or after April 1.
Find out how you can benefit from this new rule by calling Stephen Haw at (310) 503-9886. DRE# 00808646. Keller Williams Palos Verdes Realty.
This new measure includes other eligibility and aspects. More information on Prop 19 here : https://www.boe.ca.gov/prop19/#Charts
Call 310.503.9886 or email skh8828(at)gmail(dotted)com for professional guidance from The Stephen Haw Group, your local experts with international connections.