Oct
06
Questions About Buying A Foreclosure Home In San Diego.?
ByI live in Michigan and have been drooling over the foreclosures in Ocean Beach, CA. I’m just scared of the property tax. How do I find out what the property tax is in San Diego? Their .gov site doesn’t tell me anything. I don’t want to commit to a realtor until I get more information. What are the foreclosure laws in CA.? I do plan on seeing the place before getting serious and my hubby can fix it up himself. My daughter lives in OB and I can put it in her name to take care of the residency issues. I would love to be able to buy her a place and let her rent out the extra room. Any help is greatly appreciated.
Per prop 13, it’s limited to 1% of the sales price – plus any voter approved indebtedness.
The lender doesn’t have to comply with the normal disclosure regulations as in a normal sale.
You can look the property up on http://www.zillow.com and get most of the information you want, including property taxes (most areas but not all).
That is what your real estate agent can find out for you. Just ask him/her. That is their job.