BullockRussell Real Estate

What kind of home construction is the safest during an earthquake? Straw-bale Triangular Evulsion... Platindo . The answer is: Straw-bale Straw-bale construction is a building method that uses bales of straw (commonly wheat, rice, rye and oats straw) as structural elements, building insulation, or both.

The age old wisdom of real estate is still true...

Proposition 19: Property Tax Increase Limits on Primary Residences How does Proposition 19 change the rules on tax basis portability? Prop 19 allows a homeowner who is 55 years of age or older, severely disabled or whose home has been substantially damaged by wildfire or natural disaster to transfer the taxable value of their primary residence... to: a) a replacement primary residence anywhere in the state, b) regardless of the value of the replacement primary residence (but with adjustments if replacement has a greater value), c) within two years of the sale and d) up to three times (or as often as needed for those whose houses were destroyed by fire). The prior rule limited this exemption to a one-time transfer within the same county (Prop 60) or between certain counties (Prop 90) and only if the replacement property was of "equal or lesser value." When does the tax basis portability portion of Prop 19 take effect? April 1, 2021 When do these new rules on intergenerational transfers apply? February 16, 2021.

What do you think of these rich blue cabinets? #ThisOldHouse

What term describes a professional estimate of a homes value? Judgement Appraisal Evaluation... Assessment . The answer is: Appraisal Appraisers are used by banks and other parties to determine the market value of real property.

What term defines the right to use the property of another owner? Right of Way Easement Abatement... Eminent Domain . The answer is: Easement Easements are helpful for providing pathways across two or more pieces of property, allowing individuals to access other properties or a resource

Wishing everyone a happy healthy and prosperous year stay safe

When it's time to buy a bigger house:

The small things can make a huge difference.

The end of the year brings no greater joy than the opportunity to express to you Season's Greetings and Good Wishes. May your Holidays and New Year be fill with joy. We can all find some blessings in the 2020. My blessings are my family is all safe, and I had my 1st. Grandson. Many Blessings to you and your Family. Happy Holidays

Remember those who fought for America.