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What is a 1031 Exchange. Real Estate Explained.
On a recent team call, an agent explained how her client closed on new year’s eve. Historically, a very quiet time of the year for real estate transactions. In her words, the client closed because “a ‘1031 Exchange’ never sleeps”. Well nor do good realtors. They take on the burden of the details so their […]
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Supplemental Taxes Explained (San Francisco County)
A new homeowner has a lot to learn. The home buying process itself can be a steep learning curve. That’s one of the main reasons it is essential to work with an agent that spends the time to guide you through the entire process and explain all the terminology. There should never be any surprises. And […]
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How to work out your San Francisco property tax
Wondering how much property tax you need to pay on that house you like? Here’s a simple formula for working out what you can expect to pay. A good rule of thumb is 1.2% of the purchase price. For example, a $1M dollar home will have an annual property tax of $12,000 paid in two […]
