Selling stock in your home creates co-ownership problems.
Selling stock in your home? Bad idea.
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Buying Homes in Foreclosure
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Press Release: Buyer purchasing power index at its lowest
The buyer purchasing power index was -10.44 in November 2013.
Large investors bet on stagnation
Large real estate investors are changing their strategy. Are you keeping up?
Do a city’s annual rental inspections violate tenants’ rights to privacy or state law?
A residential landlord owned several rental properties. The city enacted an ordinance requiring annual inspections of all residential rental properties in order to identify substandard properties.
Does a co-owner’s limited management of rental property expose them to liability for knowing of dangerous housing conditions on a co-owned property?
A rental property owned by an owner and co-owner was primarily managed by the owner. A tenant was awarded money damages for dangerous housing conditions.
How to time the market
When is the best time to buy, sell or hold real estate? These charts will help you anticipate the market to maximize profit.
Press Release: Buyer purchasing power index still negative
The California buyer purchasing power index (BPPI) figure increased to -8.2 in October 2013. first tuesday forecasts the BPPI will remain negative through mid-2014.
The answer to office space vacancies? Build more.
The office space leasing market has seen a small change in favor of landlords in recent months. The average office vacancy rate in Los Angeles, Orange County, Riverside and San Bernardino was: 17.5% in the third quarter of 2013 (Q3 2013); and 18.4% in Q3 2012. The...
Can a business be compensated for loss of business goodwill in an eminent domain action if the business had no goodwill to lose?
Facts: A business owner operated their business on a parcel of land. The business had yet to become profitable. The state condemned the property through eminent domain and compensated the owner for the taking in an amount which did not include compensation for any loss of business goodwill. The owner hired an expert to determine the amount of business goodwill lost due to the taking, who determined the owner lost a quantifiable amount of business goodwill.
Errata & Updates
- Effective January 1st, 2021, California homeowners qualify for a net equity homestead protection of up to $300,000 or the median sale price for a single family residence (SFR) in the homeowner’s county in the calendar year prior to the year in which they claim the exemption, not to exceed $600,000 (adjusted annually for inflation). [CCP §704.730] For more on this topic, see Form-of-the-Week: Homestead exemption, an asset preservation declaration – Form 465