The problem:  Who can you trust within the online channels concerning downpayment assistance programs?

Connor with Honor: (03:05)
You get half a point of interest increase. Maybe that qualification now is 8 58, 25. And then that also corresponds, let's say the property has solar and there's an additional $300 a month on top of that, that has to be factored in as well. Maybe there's an HOA, that's two or $300 that needs to be factored in as well. And if there's MEUs tax or some kind of special assessment, bringing the property higher, as far as the tax rate goes higher than the typical 1.2, 5%. And that's a span folk just to let you know if you're looking at real estate 1.2, 5%. That's the general understanding of the property tax rate here in Los Angeles county for some properties is gonna fluctuate, could be a little bit lower, could be a little bit higher, the best way to do it. Just do the simple math. You find out what the assessed value is.

Connor with Honor: (03:57)
You find out what people pay now it's 2022, let's say 20, 21, and property taxes. I have that kind of document for every single listing out there. So I'm able to provide that information to my clients. So they're able to see it. And then I just factor it in. And I've seen LA county taxes like a 1.35, 1.40, and that's without, uh, CFDs or the MEUs assessments. These are just the typical taxes. You want to definitely know that going in. So you're not surprised every year, cuz maybe you factored it in at 1.25. And now you're seeing it's 1.3, five, or 1.4. If you're really on a budget, you wanna make sure that you don't overextend yourself and you know, all these different factors. And when you do purchase real estate, there are other things that need to be considered. You know, what's that insurance looks like and in Santa creative valley, you know, what kind of zone are you in a flood zone, you're in a fire zone?

Connor with Honor: (04:50)
Where are you as far

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