Monthly Archives: August 2020
Common Disclosures: Seller’s Duty and Obligation to Disclose in California
In order to protect buyers, selling a home in the United States requires that specific details be disclosed to potential homebuyers; however, exactly what information has to be disclosed can vary by state. In California, the specifics are outlined in the Department of Real Estate’s “Disclosures in Real Property Transactions,” document, which includes disclosures required... Read More
Game Changers in the Real Estate Market – Pending Evictions
COVID-19 has taken the United States by storm, impacting every aspect of the American people’s lives: Businesses have been forced to close their doors; millions of individuals have lost their jobs; and over 100,000 Americans have lost their lives to the virus. Government aid, in the form of federal unemployment and moratoriums on eviction, has... Read More
Adjusted Basis 101
When selling your home you may be responsible for paying capital gains taxes, which are defined as taxes paid on the positive difference between the sale price of your home and the original purchase price. To understand how much you will owe you will need to know what the adjusted basis on your home is.... Read More