THIS IS JUST GENERAL INFO ONLY ( INFO DEEMED RELIABLE BUT NOT GUARANTEED).
PROPERTY TAX IN BAY AREA CONSISTS OF GENERALLY FOUR MAIN CATEGORIES: GENERAL AD VALOREM , MELLO-ROOS ASSESSMENTS, 1915 BOND ACTASSESSMENTS, OTHER DIRECT ASSESSSMENTS.
AD VALOREM TAX: GENERALLY THE SAME AT 1% OF THE PURCHASE PRICE , WHICH CAN INCREASE ABOUT 2% ( EACH YEAR) OF THE PREVIOUS YEAR VALUE.
MELLO-ROOS: IT DEPENDS, SOME AREA/CITY/COUNTY HAS , SOME DO NOT. THE AMOUNT IS VERY DIFFERENT FROM PLACE TO PLACE
1915 BOND ACT : SIMILAR EXPLANATION LIKE MELLO-ROOS.
OTHER DIRECT ASSESSMENTS: LIKE FOR MOSQUITO, LIBRARY, SCHOOL , ETC VARIES DEPENDING AREA/CITY.
THE BEST WAY IS TO GET AND STUDY THE CALIFORNIA PROPERTY TAX DISCLOSURE REPORT THAT SHOULD BE PROVIDED BY SELLERS OF ANY PARTICULAR PROPERTY. THE REPORT HAS DETAILS.
I CAN HELP YOU TO EXPLAIN MORE WHEN YOU ARE BUYING OR PREVIEWING ANY PROPERTY.
PLEASE EMAIL AND CALL ME ANYTIME.
THANKS
THIAT LIANG
(Any referral is greatly appreciated.)
RECIPIENT OF TOP PRODUCER PRUDENTIAL DIAMOND CLUB AND PRESIDENT'S CIRCLE AWARDS
PRUDENTIAL CALIFORNIA REALTY
(SALE AND RENTAL AGENT)
formerly as loan agent also.
help refer loan also as loan assistant/processor
650-888-5829 ( cell and text )
HW380@AOL.COM
650-513-9351 (LOCAL PAGER)
http://WWW.THIATONLINE.COM
DRE LICENSE# 01036903
*Info deemed reliable but not guaranteed*
Any referral is greatly appreciated
PROFESSIONAL EXCELLENT SERVICE AT NEGOTIABLE COMMISSION!!!
SERVING THE ENTIRE SAN FRANCISCO BAY AREAS AND BEYOND!
EQUAL HOUSING/LENDING OPPORTUNITY
*Info deemed reliable but not guaranteed*
- Thu May 15 2008, 01:18