INTRA FAMILY SALE AND/OR INTRA FAMILY GIFTING OF REAL ESTATE IN CALIFORNIA (Propositions 58, 193 and 13) California law – Proposition 58, Proposition 193 and Proposition 13 – allow a parent or grandparent to transfer their current tax-basis to their children or grandchildren. The benefits can apply to a gift, sale or hybrid of the […]
Remodeling your Newport Beach, Costa Mesa, Orange County or other California property? – Hiring a contractor is a significant decision, with quality and pricing varying dramatically, especially on any larger scale project. Check out this info graphic from the California Contractors State License Board and the California Association of REALTORS® for some good tips. -Devin […]
Most commonly, an “Option Agreement” is a rent-to-own situation, more frequent in a landlord-tenant context. Typically (though 100 percent negotiable), an Option Agreement works like this: The Property Owner (called the “Optionor”) agrees to sell a home and/or parcel of land (the “Real Property”) to the Buyer (called the “Optionee”) at a later date, for […]
Even owners of the finest Newport Beach, Costa Mesa and Orange County properties will always have a list of desired improvements to their homes. The top 10 home projects to recoup costs at resale according to Remodeling Magazine and the National Association of REALTORS® Cost vs Value Report include: Entry door replacement; Manufactured stone veneer; […]
Attention Newport Beach, Costa Mesa and Orange County Home Sellers and Buyers, Smart Home Technology is in! Consumers of all generations value smart technology features in both their current homes and future homes. According to a recent ERA/HGTV survey, nearly half (46 percent) of consumers believe it is important that their current home or next […]
Attention Newport Beach, Costa Mesa and Orange County homeowners thinking of For Sale By Owner (FSBO) – According to the National Association of REALTORS® 2012 Nationwide Profile of Home Buyers and Sellers, the typical For Sale By Owner (FSBO) home sold for 20 percent (or $46,000) less than homes sold with the assistance of a […]
Lucas Real Estate
2901 West Coast Highway Suite 200 | Newport Beach | California | 92663-4023
info@lucas-real-estate.com | 949.478.1623 office | 888.667.6038 fax
Devin Lucas BRE No. 01912302 | Courtney Lucas BRE No. 02015514
Villa Real Estate | BRE No. 01925726 | 450 Newport Center Drive Suite 100 | Newport Beach | 92660
Real Estate Agents, Transactions & Dispute Resolution | Devin Lucas, licensed Real Estate Attorney, Real Estate Broker, REALTOR® | Courtney Lucas, licensed CPA, Real Estate Salesperson, REALTOR®