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Tuesday, June 16, 2015

Top Reasons to love Los Alamitos & Rossmoor



 
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Hi everyone!  This is Tim Majka with the Tim Majka Real Estate Experts with Keller Williams Coastal Properties serving Long Beach and the greater Los Angeles and Orange County area. 

Today I wanted to go over some reasons to love the city of Los Alamitos and the community of Rossmoor

The first reason is great schools!  The Los Alamitos Unified School District which covers the schools for Los Alamitos, Rossmoor, and Seal Beach offer some of the best schools in California. Some More facts about the Los Alamitos Unified School  District:

• Only District in OC and one of six in the US on the College Board's AP Honor Roll five years in a row
• Three elementary schools in the top 10 in OC
• LAHS ranked #87 (top 1%) in the United States
• Highest college enrollment rate in OC
• Record number of scholar artists and athletes

Because of this, there is always a high demand for homes in the area, especially from folks looking to get their children into the schools.  This keeps property values strong. 

Another reason to move to Los Alamitos is great location. Los Alamitos and Rossmoor are located on the border of LA and Orange County.  This gives you the benefit of being able to tap into everything  LA and Orange County have to offer. For example, if you want to go surfing at Bolsa Chica or hit the mall at South Coast Plaza in Orange County, you're only 30 minutes away.  Additionally, if you want to hit the beaches in the South Bay or see a show at the Hollywood Bowl or a Clippers game or Lakers game in Los Angeles, you are only 45 minutes away

Along with that – living in Los Alamitos and Rossmoor give you the opportunity to tap into 3 major job markets – Long Beach, Orange County, and Los Angeles. 

These are just a few of the reasons that make Los Alamitos and Rossmoor a great place to live.  There are so many more amenities to list here.  If you have any questions about moving here or you would like any more information about the area, please contact me. 

If you know of anyone thinking of moving to Los Alamitos, Rossmoor, or the surrounding areas, we would love to help them find the perfect home.   Thanks for tuning in.

Wednesday, April 22, 2015

Why You Should Buy Instead of Rent in the L.A. & Orange County Area




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You may also call me at 562-900-9430 for a FREE home buying or selling consultation to answer any of your real estate questions.

Today we are going to look at a dilemma that many people face at one point in their life: whether to rent or whether to buy a home. In our opinion, buying a home makes more sense than renting, for a number of reasons.

One of the best reasons to buy is that owning a home is a hedge against inflation. When you buy a home with a fixed-rate mortgage, you don't have to worry about your payment changing at all during the life of your loan. You don't get that same guarantee that rent will be the same over that time. Even if rent just went up by 5% per year, your payments would be doubled in just 14 years.

Another thing buying a home does is give you the opportunity to build a nest egg. When you rent, you are paying rent to your landlord and that money is going towards their mortgage. When you own your own home, you are paying off your mortgage every month, and eventually, if you keep making payments, you will own the property free and clear.

These are just a few of the top reasons why many people choose to buy instead of rent. I hope this gave you some valuable information. If any questions come up, feel free to give me a call or send me an email. I look forward to speaking to you!

How to Sell Your Home or Investment Property Tax-Free




Considering Selling? Get a Free Home Evaluation

You may also call me at 562-900-9430 for a FREE home buying or selling consultation to answer any of your real estate questions.

Hey everyone, today I would like to discuss how to sell your property in 2015, tax-free.

One of the great benefits of owning real estate is that the IRS has set up ways for you to sell your property tax-free, without having to pay any capital gains.

The first question you need to ask yourself to determine if you can do this is, "Is the property owner-occupied?"

Even if it's not current, if you have lived there for 2 out of the last 5 years, you can sell the property and have up to $250,000 of tax-free capital gains if you're single, and $500,000 if you are married.

Another way you can avoid taxes on the sale of real estate is if the property is considered an “investment property” by the IRS. A 1031 Exchange is where you sell your investment property and purchase another one whereby your tax basis transfers to the new property, and you do not have to pay capital gains at the time of sale.

There are specific requirements to do a 1031 exchange, so if you have any questions, make sure you talk to a tax professional to see if you could qualify.  If you have any other questions, let us know.  We would be happy to answer them and send you some more detailed information if you need it.