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Showing posts with the label Los Angeles CA

Proposition 8 - Can reduce your property tax bill

Today I would like to try to save you and your friends some cash on your next property tax bill. If you currently don't own real estate please feel free to forward this email to your friends and family that may benefit from Prop 8. Proposition 8 – What is it? Will it save you money? In 1978, California voters passed Proposition 8, a constitutional amendment that allows a temporary reduction in assessed value when a property suffers a “decline-in-value.” A decline-in-value occurs when the current market value of your property is less than the current assessed value as of January 1. If you purchase d your home or investment property during or after 2003 your current assess ed value may qualify for a reduction. Spring is the time to utilize Prop 8 and start saving money on your property taxes! One client I counseled recently will save over $135.00 per month on their property taxes. You can save about 1.25% for each dollar of reduced assessment. For example if your property ass

Los Angeles Economic Development Corporation named the City of Santa Clarita the "Most Business Friendly City in Los Angeles County"

SANTA CLARITA, Calif. ( Map ) - City of Santa Clarita Santa Clarita also took home the Grand Prize for its Support for Small Business Program for the category of Economic Development Programs, which recognizes outstanding and innovative programs which made a significant contribution to the field of economic development during 2008. A third Grand Prize was awarded to Santa Clarita for its Enterprise Zone Marketing Campaign for the category of Economic Development Promotions, which recognizes outstanding efforts and achievements in economic development advertising, marketing and promotion. "The City of Santa Clarita consistently strives to implement and execute programs that assist businesses to thrive in Santa Clarita ," said Santa Clarita Mayor Frank Ferry . "These CALED awards are a huge honor, as well as testament to our hard work and dedication to Santa Clarita businesses and its workforce." Most recently, the Los Angeles Economic Development C

Maximum conforming loan limits remain at $417,000

Good news on the maximum conforming limit. Despite the average prices of homes dropping from 2005 to 2006, the office of Federal Housing Enterprise Oversight agreed not to lower the maximum conforming limits. So, they remain at $417,000. Please contact me if I can assist you or your friends with finding, purchasing, selling or financing real estate. david@EagleRealtyUSA.com Eagle Realty USA