Californians Over the Age of 55
Propositions 60, 90 and 110 If you live in California and are over the age of 55, you can effectively reduce your property taxes when buying a new home. …
California SB2 and What Is It
January, 2018 New Affordable Housing and Job Acts Fee, also known as SB2 Establishes permanent, ongoing sources of funding dedicated to affordable housing development Money to be placed in …
Review of TRID – 2 Years Later
With the two-year anniversary of the TILA/RESPA Integrated Disclosure rule (known informally as TRID) implementation happening this month, it’s a good time to step back and take a look …
Buying a Home and Now It’s Closing Time
What Every Home-buyer Should Expect Your long home-buying journey is almost over. You found the home you love, the seller agreed to your offer and now it’s time for closing. Of …
Beware Wire Fraud and Phishing Email Schemes When Buying or Selling Your Home
Warning to Consumers About Wire Fraud Schemes When Purchasing a Home. Also, beware of email schemes commonly called “phishing emails”. Several national trade groups, including the Escrow Association and ALTA have …
What Is The 593-C Form and How Do I Complete It?
California Real Estate Withholding Certificate As most homeowners understand, each state has its own set of real estate rules and regulations. California requires that income tax for the sale …
TRID Six Months In
It’s been more than six months since the Consumer Financial Protection Bureau’s (CFPB) TILA-RESPA Integrated Disclosure (TRID) went into effect, with the main goal of simplifying the home closing …
Change to FIRPTA Withholding Tax Law
Change to the Withholding Tax Law on Real Estate Sales by Non-US Persons – as of February 17, 2016 Congress has enacted a significant change to the required withholding …
CFPB rules for Seller pay Title Insurance Premiums
CFPB Indicates How to Disclose Title Insurance Premiums in Seller-Pay Scenarios Since announcing the TILA-RESPA Integrated Disclosure rule in 2013, the Consumer Financial Protection Bureau has hosted a …
Are you ready for homeownership? Owning a Home
Making the move to homeownership Buying a home is exciting. It’s also one of the most important financial decisions you’ll make. Are you ready for homeownership? Three decades ago, …