Hello everyone Toni Patillo here talking with you today about all of your real estate needs in the Los Angeles area. If you are looking to buy or sell your home please contact the experts at Toni Patillo and Associates today to discuss how we can help you reach your real estate goals. In my blog today I wanted to talk abot how government regulation and public policy can affect the Los Angeles real estate market.
There are numerous ways that public policy can make a difference in your real estate decision. If you are currently a homeowner you are already aware of the numerous different taxes required of a homeowner. Given the budget short falls in the Los Angeles area over the last few years be on the look out for new or different taxes associated with your home or neighborhood that may be taking money out of your pocket. You wouldn’t allow someone to take money from your 401k or retirement account and it is important to treat your home the same way. Currently in the Los Angeles area there is talk of improving the sidewalk and curbs in many of the residential neighborhoods. While these repairs would certainly brighten up the neighborhood it would likely be funded by an increase on taxes paid by homeowners. Staying involved in your community and the local legislature can help you protect your investment while also learning who is making these decisions and why. With elections coming up make sure to get informed and more importantly get out to vote. State elections usually only see a voter turn out of roughly twenty percent and this needs to change.
Staying informed on public policy is just one easy way of protecting your home and the money you have invested in it. For any of your Los Angeles real estate questions please reach out to Toni Patillo and Associates today via our website or by calling the office. Thank you for your time and we look forward to helping you in the future on the path to recovery.