FAQs Overview

What is the Property Tax Rate in San Fernando Valley, CA?

The property tax rate is determined by the State and is 1.25% of the initial purchase price.  The taxes are paid twice annually to the County Tax Assessor.  Annualy, your purcahse price for tax purposes can go up 2% and then taxed at the 1.25%.  This is the California Law Proposition 13.

 

What is the First Step in the Home Buying Process?

The First Step in the Home Buying Process is getting Pre-Approved with a lender for a loan (unless your purchase is all cash).  I can refer you to several qualified Mortgage Specialist.

 

What is the MLS?

MLS Stands for Multiple Listing Service.  It is where you can find all Active Inventory of Real Estate for Sale.  Click Here for the Best MLS

 

Who Pays the Brokers’ Commissions?

Generally, the Seller pays the commissions.

 

How Can I determine the Value of My Home?

We have a great tool called the CMA from Cloud CMA (Comparative Market Analysis).  It can help you determine the value of your home in 2 easy steps!  Find it by clicking HERE.

  

I am interested in Buying or Selling Real Estate in San Fernando Valley- Who do I contact?

If you are interested in Buying or Selling Real Estate in San Fernando Valleyor nearby, contact Todd Riley - Keller Williams Realty - Your San Fernando ValleyArea Specialist.  818.538.6331 Todd@ToddRiley.com

 

 Todd Riley – San Fernando Valley Area Specialist

Todd Riley San Fernando Valley Area Specialist