Property Tax Postponement for Senior Citizen, Blind or Disabled Persons

Allows eligible homeowners the option of having the State pay the property taxes on their principal residence. Claim forms & information on this California State Program may be obtained from: State Controller's office, Box 942005, Sacramento, CA 04250-2005, by calling 1- 800-952-5661 or visiting the web site of the State Controller at www.sco.ca.gov. See Appendix I: Property Tax Postponement Claim.

What today's lender needs to approve a loan:

Credit FICO score at or above:  580

Reliable Source of Income.

Have a 20%, or more downpayment - For FHA 3% down or Conventional 5%. 

Worked in the same field for the past two years. 

 Can't fulfill that? 

Then wait and continue renting.  Optionally, consider an "Equity Share" with an investor or a family member.  This requires a contract written by an attorney to define and enforce terms.  Costs vary.  This is an opportunity to purchase a property with another person and sell later splitting the profit.  Questions?  Email me. pat@reallycarerealty.com, or contact:

Harry I. Price
Price Law Firm
40 Main Street
Los Altos, CA 94022-2902

Tel: 650-949-0840
Fax: 650-949-0844
Email: harry@priceslaw.com
Website: www.PricesLaw.com
Click here for directions:

 Here's a check-list before calling Really Care Realty to list:  

• Can you find a second job or secure a family loan?
• Have you taken advantage of Proposition 8 (defined above)?
• Can you rent out a bedroom in your home?
• Can you move out and rent the entire property? 
• Have you negotiated with your lender?  
• Is refinancing into an Adjustable Rate Mortgage possible? 
• Are you a Senior or Disabled and eligible for state programs to defer paying property taxes?
• Have you considered a reverse mortgage? (Must be 62 or older)
• Are you eligible for disability, social security or other loans or funds due to you?
• Can you show the lender you cannot pay?  

I have a second website at:  www.reallycarerealty.com for more information.