Jenny A. Le Southern California Real Estate

As of Friday, 12/04/2021, 1PM: Mandatory evacuations were in effect in the Modjeska, Silverado and Williams Canyon areas, Foothill Ranch and Portola Hills west of El Toro and north of the 241 Toll Road.

Hi! Here is how's Chino Hills City neighborhood market is doing as of October 2020. Each data point is an "average" of the recent 3 months of activity. Access My KW App: app.kw.com/KW2EPYV6B

I've enjoyed these autumn photos so much, I think you would too...

Did you know? Propositions 60 and 90 allow the *Transfer of Home Base Year Value* for Persons Age 55 and Over. Applying Prop 60/90 property tax savings strategy is a process - ASK Jenny how to do this! What it means: if you purchase a replacement property of $500K today, and your current home purchased at $250K in prior years, and you are a person age 55+, Propositions 60/90 allow you to transfer the $250K base year value to your recent home purchase. Hence, your propert...y tax calculation will base on $250K instead of $500K! https://www.boe.ca.gov/proptaxes/prop60-90_55over.htm See more

How's the SoCal real estate market doing? It'ssizzling hotfor home sellers and super crazy for home buyers! We are still in a seller's market this means sellers are receiving multiple buyer offers for their home sales. SELLERS: Thinking of relocating to be near families or thinking of downsizing? To lock-in and preserve your home equity, now is the time to sell to get the "highest" sale price for your property.... BUYERS: When you overbid the fair market price (appraised value) for a property, this means your lender would still make a loan to you for up to the appraised value. However, you will need to bring in cash to cover the difference (offer price minus appraised value = cash). Or, send a buyer's counteroffer based on appraised value; or, maybe wait until 2021 for potential higher inventory and, mortgage loan rates are projecting to stay low through 2021.

Do you know? California SB1079 goes into effect on January 1, 2021 SB1070 will allow tenants, families, local governments, affordable housing nonprofits, and community land trusts *45 days* to beat the best auction bid to buy the property. http://www.mortgagenewsdaily.com/10132020_wall_street_landl

If you or someone you know has been affected by the #wildfires and is seeking assistance, please visit Southern California Wildfire and Northern California Wildfire resource pages: Southern California: https://www.calfund.org/socalwildfire/ Northern California: https://www.calfund.org/norcal-wildfire-relief/... Federal Disaster Assistance: https://www.disasterassistance.gov/get-assi/address-lookup