Blog Posts in Category: Planning

04/08/2021

Why Do New Homes Cost So Much Money?

Why Do New Homes Cost So Much Money?

Ricky Singh on Unsplash
With mortgage rates trending upwards and a lack of housing inventory in California, prospective home buyers are beginning to consider an alternative solution to their housing needs.   more...

04/07/2021

How to Lower Your Property Taxes

How to Lower Your Property Taxes

Property taxes provide funds for schools, roads, and many other vital aspects of our community. However, that doesn't mean you should be paying more than you have to. If you're a veteran, disabled, over 65, or under certain income thresholds, you may qualify for a property tax exemption. Here are some other ways to lower your taxes:
Homestead Exemption Your primary residence may qualify for a homestead exemption, which will lower your home's assessed value for tax purposes. Which will reduce how much you owe in property taxes.   more...

04/06/2021

How to Increase Your Home's Value with Effective Staging

How to Increase Your Home's Value with Effective Staging

Staging your home in the best way possible is proven to increase the value of your home. Walking into a house with basic furniture and decorations gives potential buyers an idea of what life will be like there. And removing personal items helps you disconnect from the home.
In a recent report by the National Association of Realtors, 83% of buyer's agents said staging a home made it easier for a buyer to visualize the property as a future home. The most commonly-staged rooms include the living room (93%), kitchen (84%), master bedroom (78%), and dining room (72%).   more...

03/25/2021

3 Vital Facts Rental Property Owners Need To Know About Workers’ Compensation

3 Vital Facts Rental Property Owners Need To Know About Workers’ Compensation

Photo by Sora Shimazaki from Pexels
Rental Property Owners face many risks and exposures, and some are not aware of what their insurance covers specifically. Many Rental Property Owners do not have coverage for what they should, which accounts for millions of dollars in uninsured claims each year.   more...

03/18/2021

Expertise.com's 2021 Best Property Managers in San Francisco & Concord

Expertise.com's 2021 Best Property Managers in San Francisco & Concord

Nationally respected business recommendation website, Expertise.com, scored 178 Property Management companies in San Francisco and 31 Property Management companies in Concord — so far, we technically rank #1 on both lists in 2021! We also received this award last year in San Francisco, and both lists were recently updated on March 12th and 17th, 2021 — giving us a great sign that our hard work is not going unnoticed!
Expertise makes it easy to find the best local experts in your area. Their proprietary research and selection process identifies the top service professionals in over 200 different industries in major cities across the United States. Expertise features are only objectively quantified, and qualified professionals hand-picked by their selection process and research to understand what’s important when searching for experienced and professional companies.   more...

03/16/2021

Prop 19 Explained: How It Helps Property Owners and Who is Eligible?

Prop 19 Explained: How It Helps Property Owners and Who is Eligible?

Prop 19 frees up inventory while providing tax savings for seniors, homeowners with disabilities, and wildfire victims — here are the ways it helps:
Tax Savings For Senior Homeowners: Thanks to Prop 19, seniors, retirees, and all homeowners aged 55+ can move closer to family, medical care, or to a home that better meets their needs anywhere in California without a tax penalty. Prop 19 removed unfair location and price restrictions. That allows senior homeowners to transfer the tax base of their home to a new property.   more...

03/12/2021

5 Major COVID Effects After One Year

5 Major COVID Effects After One Year

Photo by August de Richelieu from Pexels. It was one year ago that the World Health Organization declared COVID-19 a pandemic and changed the world. Here are some of COVID’s profound effects on the Real Estate and Mortgage Industries:
1. Interest Rates: Even though rates have increased about 1/2% over the last few months, they remain about 3/8% LOWER than where they were last year at this time on average. That is because rates dropped about 1% in response to the COVID crisis, and the Government’s intervention before started to climb.   more...

03/05/2021

How Much Should Your Down Payment Be?

How Much Should Your Down Payment Be?

If you’re planning to buy a new house, a big part of that is saving for a down payment. Your down payment is the money you put down when you close on a mortgage. Lenders will often describe down-payment in terms of percentages. A down payment represents what you initially own when you buy a home. Then, the remainder comes from your lender.
The standard is often referred to as 20%, but is that the reality? Paying a 20% down payment may make you feel like ownership isn’t attainable for you, but is that truly how much you have to or should pay?   more...

03/05/2021

3 Vital Features Every Unfurnished Rental Property Should Have Already

3 Vital Features Every Unfurnished Rental Property Should Have Already

The rental market is very competitive, but fortunately, there are a few things you should do to give your property the edge! Aside from the glaring essentials such as gas, electricity, and hot water, as a property owner, it is prudent to make sure that the property has proper flooring, solid quality blinds, and reliable appliances.
Not only will this help you to draw in more potential tenants, but it will also allow you to increase the monthly yield. The initial investment will be worth it.   more...

02/23/2021

Golden State Stimulus package provides relief for small-businesses, low-income residents and more!

Golden State Stimulus package provides relief for small-businesses, low-income residents and more!

Photo by Vladimir Solomyani on Unsplash
Gov. Gavin Newsom signed a $7.6 billion coronavirus relief package into law on Tuesday, February 23rd. The relief package provides much-needed relief to the California small businesses and stimulus payments to low-income residents who may struggle with rent payments.   more...

02/22/2021

Bidding wars skyrocket as property listings fall to record lows

Bidding wars skyrocket as property listings fall to record lows

Presidents Day weekend marks the unofficial start of the spring housing market, but if you’re looking to get in this year, hold onto your wallet. Bidding wars are off the charts, even as home prices are rising rapidly.
The primary reason longtime home searchers haven’t bought a house yet is that they keep getting outbid. About 40% of potential buyers cited that in a recent survey by the National Association of Home Builders. The reasons are flipped from a year earlier when 44% said unaffordable prices were the primary reason they hadn’t bought yet, and 19% cited getting outbid.   more...

01/30/2021

Top 5 Best Mortgage Lenders For First-Time Homebuyers 2021

Top 5 Best Mortgage Lenders For First-Time Homebuyers 2021

Photo by Ketut Subiyanto from Pexels
Forbes Advisor Staff Natalie Campisi reported that first-time homebuyers often face many challenges when buying a home. Simply because they don’t have the advantage of equity from a former home sale, the first-time homebuyer down payments are often smaller than people who have already bought and sold homes.   more...

01/30/2021

SB 91 provides $2.6 billion in federal funds for unpaid rent

SB 91 provides $2.6 billion in federal funds for unpaid rent

Gavin Newsom (CC BY-SA 4.0) by Gage Skidmore
Governor Gavin Newsom and the top two legislative leaders of California state have succeeded in passing SB 91. The legislation, SB 91, won overwhelming bipartisan approval Thursday in both houses of the Legislature. SB 91 replaces California’s COVID-19 Tenant Relief Act of 2020, or AB 3088, which expires this Sunday.   more...

01/29/2021

Living in a San Francisco Victorian is more affordable than it has been in years

Living in a San Francisco Victorian is more affordable than it has been in years

Photo by Tyler Shores from Pexels
Throughout the year, rent declines have been so substantial that the median two-bedroom apartment in the city is now renting for the median price of a one-bedroom a year ago.   more...

01/29/2021

Gov. Newsom urges swift distribution of federal rent relief

Gov. Newsom urges swift distribution of federal rent relief

Photo by Jorge Maya on Unsplash
On Wednesday, January 6th, 2021, Gov. Gavin Newsom pushed for the rapid distribution of $2.6 billion in federal rent relief headed to California from the latest COVID-19 economic stimulus package. Newsom’s office said the funds should help low-income Californians and small-scale landlords struggling financially from the pandemic.   more...

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To contact us please call 510.250.7918 or email us at team@adventpropertiesinc.com.
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