Livermore Real Estate: What does Prop 19 mean for me?

Published On: March 7, 2021Categories: Real Estate Tips

Are you thinking about selling your home but worried about transferring your property tax base? Well, worry no more. Prop 19 allows homeowners who are 55 and older, disabled, or wildfire/disaster victims to transfer their primary residence’s tax base to their new replacement property anywhere in the state of California. That means your property tax payment won’t change or adjust based on the purchase price of your new home.

That’s a huge benefit to anyone who meets this criteria looking to sell, retire or downsize. But what if you’re ready to sell but not sure where you want to move to? We can help. We are currently working with our partner Realtors throughout California and have recently helped our sellers move to the Sacramento area and Southern California. And for those of you that want to stay closer to the Bay Area, we have a special opportunity located in Brentwood for you!

Yes, you may be interested to know there are 25 homes available right now at Trilogy, Brentwood’s premier over 55 community. These homes are priced between $625,000 and $1.2. And you can make a contingent offer on any of these properties….which gives you the opportunity to secure your new home before you sell your current home.

For more information about this opportunity, or any other real estate questions you may have, give us a call or send us a message…we’d love to set up a consultation to chat about your real estate goals and needs.

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