Ever read about a home being located on a flag lot? Flag lots have been around a long time and continue to be created for all types of properties. There are advantages and disadvantages to owning a flag lot, so let’s look at how they are configured and how they can be a positive or […]
In Real Estate Sales, What Is A “Side”?
Many real estate brokers and agents describe their real estate sales experience by quoting the number of sides they have closed. The average buyer or seller needing to hire an agent may not know what a side is and how it reflects an agent’s experience and business practices. Let’s look at the meaning of sides […]
Property Tax Assessments – Mello-Roos Explained
Most California homeowners will see anywhere from five to fifteen different assessments listed on their property tax bill in addition to the basic county property tax. These additional assessments are usually for business zones, bond payments, and special services. One of the most common California property tax assessments is Mello-Roos, which is a tax assessed […]
Real Estate Commission Discounts, Rebates and Granfalloons
Real estate commission discounts and rebates are again dominating television and radio commercials. It’s an annual event, like migrating geese flying north in perfect geometric formation. New discount brokerages crowd the airwaves with slick ad campaigns touting their ability to save buyers and sellers thousands of dollars! on real estate commissions. Most of those advertisers are […]
