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🏡 Understanding Proposition 19: What It Means for California Homeowners! 📉

🏡 Understanding Proposition 19: What It Means for California Homeowners! 📉

Whether you’ve worked with me before or you’re just exploring your real estate options, I wanted to share some important news about California's Proposition 19 that could save you big when it comes to property taxes. 💰

What is Proposition 19?

Proposition 19 is a California law that allows certain homeowners, especially seniors, people with disabilities, or those impacted by natural disasters, to transfer their current property tax base to a new home anywhere in the state. This means you can sell your home and buy a new one while maintaining your lower property taxes! 🎉

Who Can Benefit from Prop 19?

  • Seniors (55+) looking to downsize or relocate.
  • Disabled persons needing a home that better suits their needs.
  • Homeowners affected by wildfires or natural disasters.

Why Should You Care?

If you’re considering selling your home and purchasing a new one in California, Prop 19 can help you keep more of your money in your pocket by preventing a sharp increase in property taxes. You can also transfer your tax base up to three times if you are 55 or older, which offers flexibility and financial stability. 📊

If you’re curious about how this law could impact your home-buying or selling experience, feel free to reach out to me. I’m happy to guide you through the process or answer any questions you have! 📝

 
Click this link to learn more about Proposition 19!
 
 

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