FAQs Overview
What is the Property Tax Rate
for a Condo in Woodland Hills, CA?
Simply, the tax rate is 1.25% of your purchase price paid in 2 installments to Los Angeles County Tax Assessor.
The
Following year, the purchase
price, for property tax calculations can go up a
maximum of 2% per year during periods when property
values are increasing and then taxed at 1.25%.
This is the law under Proposition 13 in the
state of California. There are
some areas that have additional taxes known as Mello
Roos. These areas would have
higher taxes than 1.25% in total.
What is the First Step in the
Condo Buying Process?
The First Step in the Condo Buying Process is getting Pre-Approved for a loan 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 Condos for Sale.
Click Here for the Best MLS
Who Pays the Brokers’
Commissions in a Condo Sale?
Generally, the Seller pays the commissions for both the Listing Agent and the Buyers Agent.
How Can I determine the Value
of My Home?
We have a great tool called the
CMA from Cloud CMA. It can help
you determine the value of your home in a few easy
steps!
Find it by clicking
RIGHT HERE.
I am interested in Buying or
Selling a Condo in Woodland Hills
- Who do I
contact?
If
you are interested in Buying or Selling a Condo
in Woodland Hills or nearby, contact Todd Riley -
Equity Union Real Estate - Your Woodland Hills Area
Condos Specialist. 818.538.6331 Todd@ToddRiley.com
Todd Riley –
Woodland Hills Area Condo Specialist
