4 lessons, about 13 minutes
I already own a home
Understand your tax bill, your insurance, your upkeep and the equity you are building.
Read these in order
1
California property taxes and Proposition 13Understand assessed value, the base tax, and charges that can make a bill larger.2
Insurance, wildfire, flood, and earthquake riskCheck availability, coverage, and deductibles early—then review them as an owner.3
Build a maintenance plan and repair reservePrepare for ordinary wear and occasional large expenses without relying on one rule of thumb.4
Equity, HELOCs, and home equity loansEquity is value minus debt. Accessing it can create new costs and obligations.
California property taxes and Proposition 13Understand assessed value, the base tax, and charges that can make a bill larger.2Insurance, wildfire, flood, and earthquake riskCheck availability, coverage, and deductibles early—then review them as an owner.3Build a maintenance plan and repair reservePrepare for ordinary wear and occasional large expenses without relying on one rule of thumb.4Equity, HELOCs, and home equity loansEquity is value minus debt. Accessing it can create new costs and obligations.