"Sonny helped facilitate the home loan process very quickly and provided various options and estimates for multiple possible potential home purchases. I don't think you could ask for a better loan officer than Sonny!"
ethan wong
Introducing the Real Estate Game Changer: Proposition 13! ⚡️ Annual Cap on your property taxes ⚡️
Introducing the Real Estate Game Changer: Proposition 13!
Say goodbye to property tax surprises and hello to financial stability.
➡️➡️With a 2% annual cap, your property tax won't skyrocket. Let's break it down: If your home's assessed value is $400,000, , the most it would go up to the next year is to $408,000.00 and the yearly increase is just $100 or around $9 per month. Not so intimidating, right?
✅But here's the real deal: Before Proposition 13, property values were reassessed annually at market rates, potentially increasing your tax burden. Now, under Prop. 13, your property is assessed for tax purposes only when it changes ownership. As long as you don't sell, future value increases are limited to a maximum of 2% per year.
✅Good news is a refinance would not trigger a change to your monthly property taxes So, whether you're living the American dream or making it a reality, remember that Prop 13 is here to be your financial sidekick!
➡️➡️Visit my site for more Educational Content : https://loanswithsonny.com/
Sonny Nguyen
Originating Branch Manager
NMLS # 264031
D 209.595.9859
F 209.796.2081
W homeloanswithsonny.com
E sonny.nguyen@ccm.com
Say goodbye to property tax surprises and hello to financial stability.
➡️➡️With a 2% annual cap, your property tax won't skyrocket. Let's break it down: If your home's assessed value is $400,000, , the most it would go up to the next year is to $408,000.00 and the yearly increase is just $100 or around $9 per month. Not so intimidating, right?
✅But here's the real deal: Before Proposition 13, property values were reassessed annually at market rates, potentially increasing your tax burden. Now, under Prop. 13, your property is assessed for tax purposes only when it changes ownership. As long as you don't sell, future value increases are limited to a maximum of 2% per year.
✅Good news is a refinance would not trigger a change to your monthly property taxes So, whether you're living the American dream or making it a reality, remember that Prop 13 is here to be your financial sidekick!
➡️➡️Visit my site for more Educational Content : https://loanswithsonny.com/
Sonny Nguyen
Originating Branch Manager
NMLS # 264031
D 209.595.9859
F 209.796.2081
W homeloanswithsonny.com
E sonny.nguyen@ccm.com