Found 1 blog entry tagged as Oakland Home Sales.

If you are a senior citizen, 55 years or older, and are considering selling your home in Alameda county, you may have surprising tax benefits waiting for you.

Normally, if seniors have been in their home for a long time, and are enjoying the tax benefits of Proposition 13, they have had their current home assessed at a very low yearly tax rate.  However, when considering selling their current home, and moving into another, perhaps smaller home, they may experience what could be called "sticker shock" when they see the property taxes on the homes in the marketplace today.  These taxes could be considerably higher than what they are used to, and often for less property in terms of size.  

A solution has been offered in the form of California…

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