Better Homes and Gardens Real Estate | Mason McDuffie
3320 Grand Ave. Oakland CA 94610 (510) 834-2010, (510) 418-9443, Ernest@GoErnest.com.
Real estate service in regular sales (equity), foreclosure (REO, Real Estate Owned), short sales, probates, trusts, conservatorships, single family residences, luxury homes, condos, and multi-units. Also, skilled with 203K loans, divorces, flips, BPO (Broker Price Opinion), and trustee sales. Service in small commercial real estate.
Service in Spanish. (Hablo Español.)
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This Week's Real Estate Story
- Sales Tax Went Up in Alameda and Contra Costa Counties
A neighbor on the avenue just told me our sales tax went up 0.25% to 9.50%. Awwgh. I know it doesn't sound like much but with all the taxes and fees, they are killing us. Hayward and other nearby cities are getting whacked with a 10% sales tax!! It's no joke.
Ronald Reagan said if it moves tax it. I would add, and if it keeps moving put fees on it.
How do you boil a crab without it knowing? Slowly, little by little.
Guess what happens when you sell a house in Oakland? There is a transfer tax, $15 per thousand. It's usually split between the seller. Some cities charge nothing, others $2.50, and others $5. Why does Oakland, Berkeley, and San Francisco charge more? Because they're thieves.
Oh, the county also grabs your money at $1.10 per thousand, i.e. purchase price is $400,000. $1.10 x 400 = $440.
At every turn there is a tax involved or a fee.
(Sorry about the article. Taxes really anger me.)
Realtor Oakland CA - Real Estate Agent Oakland CA - Realtor Oakland CA
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