News from Carla Griffin, Broker, B & A Realtors

Volume 13 June 2010

Greetings from B & A Realtors

Greetings!

A Condo for $149,900?

This price is lower than reported last month. Prices may never be lower! This is for an owner occupied buyer NOT investor...

This is a fantastic buying opportunity in this Resort-Style Active Adult Senior community in the Silver Creek/Evergreen District of San Jose. Villas and homes range in size from 650 - 2490 sq. ft. The current offering prices are from $149,900 to $775,000. CALL today at (408) 274.8766 for your tour of this "hidden find" in Santa Clara Valley

Notification of Assessed Value

No later than the end of June, you should receive a notice from The County Assessor showing the January 1, 2010 assessed value of your home. This value will be used to calculate your property tax due in December, 2010 and April, 2011.

Please look carefully at the line labeled Total shown before any exemption and ask yourself if you could have sold your home last January for this amount. Because of the provisions of Proposition 13, many of you may think you could have sold your home for more than the total assessed value.   If you are among this majority, you need to take no further action.

If you think you would have had to accept less than the assessed value to sell your home last January, you can request an Assessor's valuation review by August1.  Request a review online.   It is important that a review request be filed as quickly as possible because of the potentially large number of requests.

You must have support for your valuation adjustment request. The usual support is a list of the sales prices of comparable properties during the three months before and after January 1.   An estimate by a Realtor familiar with your area can provide this information for you.

Please remember that fair market value is always a range and there is no single correct valuation. The tax rate is a little over one percent (1%) of the valuation thus, a $10,000 change in assessment will only reduce your taxes by a little over $100 for the year.

Did you Miss the Villages Open House?

The Villages Golf & Country Club opened their "doors" to the public on May 1. They have produced this video to showcase the day's events. To take the tour, click here.

To schedule a personal tour of the community and see properties available for sale, call 408.274.8766 or Click here to Contact Us

Become a FAN of B&A Realtors. I welcome you, your family and/or friends to become my new neighbors in this beautiful community.

Sincerely,

Carla

Oh, By The Way
I'm never too busy for your Referrals

Client/Business Associate Testimonial:

Thank you, thank you, thank you, Carla. I love and appreciate all the care that you showed me on finding my perfect home and welcoming me into The Villages. - Phyllis Barrett, Village Olivas, The Villages

Quote for the month:

"The World is but a canvas to the Imagination." ~ Henry David Thoreau

In This Issue

Notification of Assessed Value

Villages Open House