thats a nice set up. if Its what you want go for it. for me a large lot is my dream with plenty of room to store things and a small farm or barn.
your wife maybe not so much, but if you both are on board go for it.
If you can sell your house high and buy that house high its a wash except the property tax. (Rod will be happy)
side note to anyone in the market or realtors are things still crazy and multiple offers coming in like before?
Vic forgot to mention believe there is a one time property tax value transfer as long as the county accepts i believe
believe you will only pay the difference in the value of purchase. your home sells for 500,000 you buy for 600,000 you are only boned for the 100,000 difference and can transfer your old value from previous home. (this will make Rods head explode)
check with yore realtor
Rod would know you have to be 55. Lol Congrats Vic.Vic forgot to mention believe there is a one time property tax value transfer as long as the county accepts i believe
believe you will only pay the difference in the value of purchase. your home sells for 500,000 you buy for 600,000 you are only boned for the 100,000 difference and can transfer your old value from previous home. (this will make Rods head explode)
check with yore realtor
Vic had more showings in 2.5 days then we did in over 80.
Congrats.
Inspection today. Heading over to norco around 10. Kind of weird I’m dropping all kinds of money but haven’t really really looked at the house. Buying an occupied home is kind of a different deal. I would like to really open everything up and go everywhere but I guess that would be rude? What do you guys think?
Inspection today. Heading over to norco around 10. Kind of weird I’m dropping all kinds of money but haven’t really really looked at the house. Buying an occupied home is kind of a different deal. I would like to really open everything up and go everywhere but I guess that would be rude? What do you guys think?
So inspection went well. A lot of stuff they are leaving for us and some stuff we can buy from them. Like neons, signs, theater seating etc. pretty excited. Who knows where I can buy a goat and some chickens and how much?
Got family friends that own a petting zoo. I will have the wife ping them.So inspection went well. A lot of stuff they are leaving for us and some stuff we can buy from them. Like neons, signs, theater seating etc. pretty excited. Who knows where I can buy a goat and some chickens and how much?
I have a little time so I’ll vent... the inspector went through and did his thing. He said that I removed a structural beam from my garage. At first I thought he was talking about the false beam that comes out the front of the garage for looks. It’s not missing that. What I am missing which has never been the since I’ve owned the house is collar ties or joist tension ties. They had a construction expert come out and he also said I’m missing beams. Supposedly they went to the neighbors and took pictures of there’s. They are asking for 10k credit. I’m waiting for the pictures but I can almost guarantee it’s going to be pictures of joists. The expert said the roof is sagging just a bit and it’s not a huge issue now but should be fixed eventually. That pretty much to me confirms it’s the joists he’s talking about. Reality is that’s a couple 2x4’s and a few hours of my time. I jack the ridge up and add hit e joists. I can’t believe something like this is holding up my sale and I can’t beliebe someone thinks that’s a 10k dollar job. I honestly want to tell these buyers I’m over it and move to one of my back up offers but that’s not the way it works I guess. Pregnant wife, working 60 hours a week and getting ready to go out of town for work and my older boys birthday in two weeks I’m just spread way to thin. I think being so tired it’s effecting my mood. I don’t think anyone likes being around me right now.
Reality is...the home inspection is just another opportunity to renegotiate the deal. Most of the time, it works amazing! I've negotiated up to $40k during this period. In your case, I'd just repair the issue as you probably know people in the industry that can do it quickly and much cheaper than the buyers contractors.
I can do it myself in a couple hours. I guess that’s why I’m upset. Big dealing little things. A duct in my attic has a dent in it [emoji849]
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As Of today you cannot do a property tax transfer unless you're 55 years old and the new property cannot be valued more than 5% more than the home that you sold if he sold it less than one year prior to the new purchase.
There's a ballot measure that will change this the aid remains the same but you can purchase a property at any price and under the new bill if it's approved in November you retain your base for example 600,000 and if you purchase a new house for 900,000 you pay the current market difference of 2% in value on 300,000+ whatever your base old tax number was.
I believe the voters will likely approve this the idea is to get more property on the market from senior citizens and more transfers and sales going.
I can do it myself in a couple hours. I guess that’s why I’m upset. Big dealing little things. A duct in my attic has a dent in it [emoji849]
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I'd tell 'em to fuck right off. When I bought my new house about 2 months ago, if I'd have even thought about asking for anything to be fixed...the sellers would have moved on to the next offer. I was the strongest offer, but not the highest...and it was made very clear to me that I was lucky they chose mine.
If you have multiple offers in close proximity, I'd consider it.
They asked for a 5k dollar credit I told them nope and we are opening escrow w a back up offer now. I don’t like playing games and they learned that today.