Posts Tagged ‘property tax savings’
Property Tax Bills May Go Down
Good news for California homeowners: there is a good chance your property tax bill will decrease this year. Proposition 13, which puts a cap on the maximum amount property tax bills can be raised, is to thank; it prohibits property taxes from rising more than 2% annually. This number is based on the Consumer Price…
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Property Tax Savings for Sellers 55 and Over
Did you know that if you are over 55 you have an excellent opportunity to sell your home and downsize, while also saving money on property taxes? There are several propositions in California that allow these sellers to save substantially on property taxes. Proposition 13 was first initiated to prevent drastic increases in property values…
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