Real Estate related topics

For Purposes of Improving Landscape Water Use and Irrigation Efficiency

...a home inspection report on a dwelling unit on a parcel containing an in-ground landscape irrigation system, the operation of which is under the exclusive control of the owner or occupant of the dwelling, may include an irrigation system inspection report, prepared by either a home inspector or certified landscape irrigation auditor, that contains all of the following:

(1)  Examination of the irrigation system controller noting observable defects in installation or operation.
home inspection
(2)  Activation of each zone or circuit providing irrigation water to turf grass, noting malfunctions observed in the operation of (A)The irrigation valve (B)Visible irrigation supply piping and (C)Sprinkler heads and stems.

(3)  During activation of the system, observation of (A)Irrigation spray being directed to hardscape  

     (B)  Irrigation water leaving the irrigated area as surface runoff (C)Ponding of irrigation water on   the surface of the irrigated area.

Assembly Bill 2371 codified as Business and Professions Code §§ 7065.06 and 7195.5, and Government Code §§ 65592, 65596, 65596.5 and 65596.7. Effective January 1, 2019. READ MORE





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HOA's Financial Accountability Update: Changes the frequency of review required by law

homeowners association The Homeowners Association (HOA) existing law is for its board to review financial documents and statements related to the HOA's accounts on at least a quarterly basis, unless the HOA's governing documents require more frequent review. Updated Assembly Bill 2901 law changes the frequency of review required by law from at least once a quarter to once a month, and adds a requirement to review the check register, monthly general ledger, and delinquent assessment receivable reports. But it also provides some flexibility in this monthly review requirement by allowing an individual board member—for example, the treasurer—to review these financial documents so long as the board ratifies that review at the next board meeting.

This law requires the HOA to maintain fidelity bond coverage for its directors, officers, and employees in an amount equal to or more than the combined amount of the reserves of the HOA and total assessments for three months, unless the governing documents require greater coverage amounts.

This law prohibits a managing agent from transferring from a bank trust funds greater than ten thousand dollars ($10,000) or 5 percent of an association’s total combined reserve and operating account deposits, whichever is lower, without prior written approval from the board of the association.

Assembly Bill 2912 codified as Civil Code No. 5501, 5502, 5380, 5500...

Why Building Permits Will Make You Question Everything?

So you've been issued a building permit for your soon-to-be constructed dream home. Its been months, so you'll ask, is my building permit still valid?

A building permit remains valid despite changes in the building code as long as work is commenced within 12 months after issuance.

building construction permit A provision of the California Building Standards Law specifies that a local ordinance adding or modifying building standards for residential occupancies, published in the California Building Standards Code, applies only to an application for a building permit submitted after the effective date of the ordinance and to plans and specifications for, and the construction performed under, that permit, unless, among other reasons, the permit is subsequently deemed expired because the building or work authorized by the permit is not commenced within 180 days from the date of the permit, or the permittee has suspended or abandoned the work authorized by the permit at any time after the work is commenced.

This new law instead provides that a permit would remain valid for purposes of the California Building Standards Law if the work on the site authorized by that permit is commenced within 12 months after its issuance, unless the permittee has abandoned the work authorized by the permit. The law also authorizes a permittee to request and the building official to grant, in writing, one or more extensions of time for periods of not more than 180 days per extension. It requires that the permittee request the extension in writing and demonstrate justifiable cause for the extension. Read More Here

An act to amend Section 18938.5...

Property in Santa Cruz Housing Trends, July 2018

Welcome to the most current Housing Trends eNewsletter. This eNewsletter is specially designed for you, with national and local housing information that you may find useful whether you’re in the market for a home, thinking about selling your home, or just interested in homeowner issues in general.

Please click on this link to view the Housing Trends July 2018 Newsletter http://propertyinsantacruz.housingtrendsenewsletter.com

The Housing Trends eNewsletter contains the latest information from the National Association of REALTORS®, the U.S. Census Bureau, Realtor.org reports and other sources.

Housing Trends eNewsletter is filled with local and national real estate sales and price activity provided by MLSs and the National Association of Realtors, U.S. Census Bureau key market indicators, consumer videos, blogs, real estate glossary, mortgage rates and calculators, consumer articles, and REALTOR.com local community reports.

If you are interested in determining the value of your home, click the “Home Evaluator” link for a free evaluation report:

http://propertyinsantacruz.housingtrendsenewsletter.com/dispContent.cfm?loadid=2&loadtype=0

Sound decisions can only be made with accurate and reliable information, and I am happy to be a trusted resource for you. Thank you for the opportunity to provide you with this monthly eNewsletter, and I look forward to answering any questions you may have and to the opportunity to be your REALTOR® in the future.

Sincerely yours,

Gregg Camp
Property In Santa Cruz/ California Coastal Home
2567 Main Street Soquel CA 95073 831-688-1830 | gregg@propertyinsantacruz.com...

Downsizing Your Living Space to Upsize Your Lifestyle in Later Years

charming carmel homes for saleA few years ago you may have researched Carmel homes for sale and ultimately purchased the perfect family home in which to raise a family. Those children are now grown and have moved away, perhaps even owning homes in Carmel of their own and starting their own families. It’s time now to downsize your living space in to a more suitable home, that will ultimately make life easier for you as you grow older.

Purchasing a new home at any time is a serious business and a serious financial investment. Your needs are different now, so this new purchase needs some different thought and considerations. There are a number of things you need to consider when purchasing another home in Carmel that will suit your lifestyle, and needs, in your later years.

Space

A large house with lots of square footage, a large backyard, and many bedrooms and extra bathrooms was perfect for a growing family. All that room was great for outdoor barbeques, birthday parties, and family fun nights but once the kids move out a big house, can feel like a very empty one (but one that still needs to be heated and cleaned). Determine how much space you really need to feel comfortable and allowing for the grand kids to stay over and at some point maybe an in home caretaker.

Lifestyle / Health

You started a family, raised them the best to your ability, and now they have left the family home....

Deciding if Townhome or Condominium Living is Right For You?

When shopping for a new home, aside from price, one of the biggest decisions involves choosing the type. If you’re considering a Santa Cruz condominium or townhome, here is what you need to know to help you decide if either will be a proper fit.

Definition of a Condo

condominiums for sale in santa cruzA condominium, commonly referred to as a condo, is similar to an apartment, though constructed differently: It is one unit in a building that has many co-owners. The difference is that you own a condo but rent an apartment. However, a Santa Cruz condominium is normally situated on a single level and that can range from ground floor to multi-stories high with lovely views. Some oceanview condominiums are highly desired.

Condo Advantages

condominiums with swimming poolOne of the biggest advantages of moving into a Santa Cruz condo is that you won’t have to worry about any exterior maintenance repairs or maintenance issues because they will be handled by the ( HOA ) home owners association. Depending on the condo, you can also have some of the utility bills included in the fee. That’s because the association often covers part of them. Dependingon location, many amenities such as fitness centers, pools, tennis courts, and security services are considerations...

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