Mammoth Lakes Real Estate BlogRecently posted or modified blog posts in the category - Selling Your Homehttps://www.snowcreekproperty.com/blog/Copyright SnowCreekProperty.com2023-01-05T13:56:20-07:00tag:snowcreekproperty.com,2012-09-20:20452Thought about moving but are worried about property tax increases?Have you thought about moving but are worried about property tax increases?<br /><br />Then I have great news to share with you. There are new tax benefits you could be qualified to take advantage of that will allow you to move without big tax increases.
With the passage of Proposition 19, homeowners who are 55+, severely disabled or victims of wildfire or natural disaster may transfer their property tax base of their existing home to a new home anywhere in California. This is a significant improvement from the current law that is confusing, unfair and limiting.
Prop 19 new tax benefits for homeowners 55+, severely disabled, or victims of wildfire or natural disaster, as of April 1, 2021 include:
- Moving anywhere in California: Prop 19 removes location restrictions on property tax transfers allowing the transfer of the property tax base of an existing home to a new home anywhere in California.
- Moving to any home regardless of price: Prop 19 removes price restrictions on property tax transfers allowing the transfer of the property tax base of an existing home to a new home regardless of price (with an adjustment upward to their tax basis if the replacement property is of greater value).
- Transferring the low property tax base of your original home to a new home up to THREE times (or more for victims of wildfire or natural hazard).
This could result in substantial savings in annual property taxes!2023-01-05T13:48:16-07:002023-01-05T13:56:20-07:00Jodi Meltontag:snowcreekproperty.com,2012-09-20:188183 Minor Repairs That Have The Most Impact When Selling Your Home
These might seem like small details, but buyers will definitely notice.
By Kit Selzer and Rachel Wermager, Better Homes & Gardens<br />
While preparing your home to sell, you're likely focused on the big-ticket items that have <a href="https://www.bhg.com/home-improvement/moving/selling/low-cost-tips-to-sell-your-home-fast/">the highest impact on potential buyers</a>. Real estate agents often tout the benefits of <a href="https://www.bhg.com/decorating/paint/how-tos/how-to-paint-walls/">freshly painted walls</a>, an updated kitchen, and new carpeting <a href="https://www.bhg.com/home-improvement/remodeling/budget-remodels/weekend-home-projects/">to boost your home's appeal</a>. While these kinds of tasks (along with decluttering and <a href="https://www.bhg.com/homekeeping/house-cleaning/tips/how-to-deep-clean-your-house/">a hefty deep-cleaning</a>) can be incredibly important to a successful sale, you don't want to forget about the smaller, often overlooked areas of your home. Even the tiniest drip of a faucet, a stuck drawer, or a squeaky set of stairs can deter buyers. Before you put up that for-sale sign, go room-by-room, including the exterior, and tackle these minor repairs to help sell your home as quickly as possible.
1) Fix Anything Big or Small that is Broken:
Simple things, such as a door that is hard to latch, a drawer that sticks, or a cooktop burner that doesn't heat, could be red flags during a home showing. You've learned to ignore these little annoyances, but a buyer will notice. Make sure you <a href="https://www.bhg.com/home-improvement/advice/home-maintenance-checklist/">don't miss these details</a> while you're making a to-do list for each room.
2) Quiet Annoying Sounds:
Silence squeaky doors, windows, floors, and stairs. Whistling windows could indicate an air leak that will need to be taken care of before you try to sell. <a href="https://www.bhg.com/home-improvement/lighting/planning/how-to-install-ceiling-fans/">A ceiling fan</a> that has developed a rattle might need its blade screws tightened, or its mount might be loose. Listen carefully to identify any troublesome sounds that might have become background noise to you over the years.
3)Look For And Remedy Any Leaks:
Check the usual culprits where leaks can develop: faucets and toilets. Look for water damage around windows and doors and on ceilings. One sign of a possible underground leak: a puddle or a lush spot in your yard. Leaks can go from a small drip to a big problem, so don't shrug off a little excess water here and there. You should manage any leaks before your home hits the market.
2021-08-17T13:06:00-07:002021-08-17T13:19:23-07:00Jodi Meltontag:snowcreekproperty.com,2012-09-20:15131Why You Should Consider Selling in the Winter<img src="https://assets.site-static.com/userfiles/1388/image/selling-in-the-winter-attracts-serious-buyers.jpg" alt="Selling In Winter Attracts Serious Buyers" title="Selling In Winter Attracts Serious Buyers" height="410" width="750" />
The season you sell your home can have an impact on how much you get for your home and how quickly it sells. The season that has the most success in selling homes is spring. This is a good time of year for families moving to new school districts and is also more convenient weather for moving. Because of this trend, most people will recommend waiting to list your home until after the winter is over. Avoiding the winter is a huge misconception in the housing industry and can cause homeowners to miss out on opportunities.
Selling in the winter can give you a few advantages. There will be fewer houses on the market since most people assume winter is a bad time to sell. This gives your home more attention. Potential buyers are always looking no matter the time of year. Keeping your house on the market in the winter might bring the right buyer to your door. Real estate agents also tend to be less busy during these months and commit more time to getting your home sold.
Studies have shown winter buyers are buying because they need to move right away either for a relocation or personal situation. They will want to close quickly and allow for a much smoother sale.
Bottom Line
If you need to sell your home right away, or have some time but want to see what is out there, consider listing in the winter. Most homeowners who are going to sell will list their home in the spring, making for a competitive market. The winter allows buyers who are in a hurry to move consider your home and sell for more money than you would have in the spring.2019-05-01T16:19:00-07:002019-05-01T16:21:50-07:00The Snowcreek Property Company