California Real Estate News Buying a House: Disclosures, laws, information for investors and first home buyers.
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New Laws Impacting Residential Zoning and Development
The Governor signed Senate Bills 8, 9, and 10 into law with the intent to expand housing production in California. » more
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The Renter Report™ is here in compliance with AB646
California law requires property owners who offering residential property for rent or lease to provide disclosures to tenants on or after July 1, 2018. » more
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Solutions For Fire Damaged Property
California’s Catastrophic Fire SeasonFall of 2017 marked the beginning of one of the most catastrophic fire seasons in California history. In October, Northern California experienced unprecedented fire damage where lives were lost and nearly 15,000 homes » more
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What are the Two Legally Required Real Estate Disclosure Statements?
Transfer Disclosure Statement (TDS)Natural Hazard Disclosure Report/Statement (NHD) Real Estate Transfer Disclosure Statement (TDS)The Transfer Disclosure Statement, also known as the TDS, is a form required by California law » more
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Developers on Shaky Ground With New Fault Maps
New Fault and Seismic Hazard Zone Maps May Impact DevelopersIn January 2018 the California Geological Survey (CGS) released new fault and seismic hazard zone maps. The maps affect areas in both northern and southern California. » more
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Flood Insurance Rates Increasing Now Will Impact Property Values
The Federal Emergency Management Agency (FEMA) is notifying affected property owners that their flood insurance rates will increase starting January 2017 pursuant to the Homeowner Flood Affordability Insurance Act of 2014. » more
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Minimize the Effects of Expansive Soils on a Home
Along with the rain showers, hazards have arrived. This winter season has brought much needed rain relief to California. However, along with the rain showers, hazards have arrived. » more
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State Suspended Fire Prevention Fee
Annual fire prevention fee has been suspended. Approximately 800,000 California landowners who pay an annual fire prevention fee of $152.33 per habitable structure in wildland fire areas are getting a break for the next 12 years. » more
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Dam Inundation and Property Risks
Dams represent a risk to public safety due to the massive impact of a possible disaster on populated areas and the environment. When a dam fails the energy of the water is capable of causing destructive flooding downstream, resulting in loss of life » more
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Who Signs the NHDS?
The individuals who are required to sign the Natural Hazard Disclosure Statement (NHDS) in a California real estate transaction About the NHDSThe NHDS is a statutory form which became effective in 1999 via AB248 (Torlakson). The NHDS cannot be » more
Property ID Corporation in Los Angeles offers California real estate news to investors, first time home buyers, realty associations and real estate agents. As a news service we provide home buying and selling tips for both realtors and first time home buyers. We cover the real estate news from Southern California, San Diego to the bay area San Francisco.
Property ID Corporation is the industry founder for natural hazard disclosure statements. We know that a California home buyers first priority is often the financing side, including low down payments, alternative financing and current California home prices. However “knowing what the new home is all about” may be a crucial issue in purchasing a new home. Our mission as a California real estate information company is to provide both the industry and the first time home buyer the critical documents they need before a new home purchase.