This beautiful home is located in an upscale community called Rossmoor. Homes are rarely available in this community for sale. This is a very unique home for a growing family with many potentials. Rossmoor also in demand for its highly graded Blue Ribbon schools. Please call me at 949-510-1955 for more information. Open house May 24th from 12:30 - 4:30.
An informative blog about real estate and residential mortgages in beautiful Orange County, California. You will find how to qualify for the best homes, how to be a successful buyer, and how to sell for top dollar in Orange County.
Wednesday, May 21, 2014
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Wednesday, March 5, 2014
3245 San Amadeo # A Laguna Woods - CA. Life Style you always dreamed of .
This is a great buy! You walk into this unit, you want to own it. Corner unit, open and bright and priced to sell. Call me at 949-951-7048 for more information.
Tuesday, March 4, 2014
Proposition 13! What does it do for us Californians and what we need to do about it?
Proposition 13 has protected California home owners and
taxpayers. While our sales and income taxes have increased and currently to be
the highest in the nation, property taxes remains low and predictable. Home
owner can expect their base property taxes will be 1% of their assessed
valuation and will rise at a rate of no more than 2% per year. Before the
Proposition 13, the average tax rate increase was 2.67. On top of that homes
were revalued frequently. During times of rapid property inflation we
experienced the increase of the property taxes nearly to double in some areas.
This was hardest on our seniors and those on fixed incomes. Recently, local elected officials were solicited
by a San Francisco based organization called “Evolve” that was drumming up
support for an effort to change Prop.13 by reducing or eliminating the
protections for commercial properties. This would represent a $6 billion tax
increase with money going to local governments throughout the state. This $6
billion tax increase will show itself in higher rents as building owners recoup
the taxes from their tenants. Business
owners get hit with higher occupancy costs.
The biggest possible impact will be in the increased unemployment. Pepperdine University estimates that the
so-called split role will result in a loss of 390,000 California Jobs initially
and the continued loss of 100.000 jobs each year thereafter. If the high-tax-lobby can increase the
commercial property tax now, they will be back in the future to raise taxes on
residential properties. We should all respond with a resounding NO to this San
Francisco-based tax grab.
Sourced and written of OC Realtor magazine article by Mr.
Keith Curry Newport Beach Council Member.
Monday, January 6, 2014
Got a job at age 70, do I pay into Social Security again?
Got a job at age 70, do I pay into Social Security again?
I'm 70 and have collected Social Security since age 62. Do I pay in again if I return to work? -- Mike Mobley, Sacramento, Calif.
Yes. Even though you're already collecting, you'd have to pay Social Security taxes: 6.2% of your earnings on wages up to a cutoff that will be $117,000 in 2014, says AARP's Jonathan Peterson, author of Social Security for Dummies.
Some good news: Because you are beyond your full retirement age of 66, working won't reduce your benefits. (In years before your full retirement age, benefits would be cut by $1 for every $2 you earn over an exempted amount -- $15,480 in 2014 -- although you'd get that money later as a higher benefit.)
Your new work may boost your future benefits, which are based on your top 35 years of earnings. But any bump is likely to be noticeable only if you haven't already had 35 years of earnings. 
First Published: December 23, 2013: 4:43 PM ET
By Stephanie AuWerter @CNNMoney December 23, 2013: 4:43 PM ET
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