3 May 2019

Avoiding Capital Gains with a Deferred Sales Trust

Do you own a property which has appreciated considerably since you purchased it? Have you been hesitant to sell because you want to avoid paying capital gains tax? If you've answered yes to either of these questions you may benefit from using a Deferred Sales Trust (DST). If you are at risk of paying a substantial sum in capital gains tax when selling your home, and if you either don’t quality for or would like

1 Apr 2019

Tiny Homes in Santa Cruz County?

Tiny Homes are catching the attention of people all over the country (have you seen the HGTV show Tiny House, Big Living?). Here in Santa Cruz County, we’ve had quite a few clients ask if they can put a Tiny Home on a lot. The short answer is, “it depends”. Read the more comprehensive answer below. What is a “Tiny Home”? A tiny home is typically one that is under 400 square feet, though some

26 Mar 2019

Protecting Your Assets Real Estate Deals: Pros and Cons of Choosing Arbitration

If you are buying or selling your home and have just written or received an offer, there is an important clause to be aware of: Dispute Resolution. Most offers to purchase and sell residential real estate in the state of California are written using the California Residential Purchase Agreement And Joint Escrow Instructions form (RPA-CA). When full executed by you and the other party this contract specifies the terms of your sale, including the purchase

14 Mar 2019

Do I need a Permit to Do This? – Santa Cruz County Edition

When you make a modification to your property it’s important to understand the permitting requirements. While a licensed contractor will often know if a permit is needed, ultimately it is your responsibility to ensure that all necessary permits were obtained for the work done. In certain cases, no permit is required, but Building Code laws rules varying from city to city and so the safest course of action is to inquire with your local planning

11 Mar 2019

New Mobile Home Legislation For Park Closures?

Mobile homes provide an affordable housing option in expensive real estate markets like Santa Cruz and the San Francisco Bay Area. On the other hand, with the value of their land increasing, mobile home park owners have been under more pressure to close mobile home parks and sell their lots to developers. Mobile home lots closed across California. CLICK to launch full interactive graphic. (Data visualization by Katie Kramon/Peninsula Press) Given the shortage of affordable

6 Mar 2019

Owning a Property with A Septic System in Santa Cruz County: What you Need to Know.

Did you know that the San Lorenzo Valley Watershed has the highest density of septic systems of any comparable area in the State? This means, if you are buying or selling property in the San Lorenzo Valley (Ben Lomond, Felton, Brookdale or Boulder Creek), you’ll likely have to understand what it means to own and what can go wrong with a septic system. The following are typical questions that buyers and/or sellers will ask when dealing with septic systems:

31 Jan 2019

Buying a Home with A Reverse Mortgage?

Did you know that, if you are 62 or older, you may be able to use a reverse mortgage to purchase a home? In this article we cover how you can use the equity in your current residence to purchase property; different Reverse Mortgage options on the market today, and how this financial decision will impact your heirs. Using a Reverse Mortgages to Buy a Home You may have heard of using a Reverse Mortgages

7 Jan 2019

Major Downtown Housing Project Moves Forward

In the wake of a passionate election season in which affordable housing was one of the major topics of debate, a large housing project was just approved in the City of Santa Cruz. The Pacific Front project is a 205-rental unit housing project which includes ground-floor commercial space and two floors of parking garage. Have you ever heard of Measure O? Under this measure, developers of housing projects must make a certain percentage of their

4 Jan 2019

A New Year’s Resolution in Three Easy Steps- Home Edition

We all do it. From time to time, we all procrastinate on our home maintenance and upkeep. What if this year was different? We propose that all those reading this article create an action plan, noting what maintenance and upgrades their home 1) needs most, 2) probably should have, and 3) would be nice to have. Once you’ve made your list and checked it twice, create an action plan for the year (because unfortunately Santa