Wait... my property taxes are how much?!

Wait... my property taxes are how much?! 😳👇 If you're shopping for a historic home in Southern California, you NEED to know how the Mills Act affects your mortgage. In this week's episode, Rick and I explain: 1️⃣ The Lender Hack: How to make sure your loan processor and underwriter calculate your monthly escrow payment using the restricted Mills Act tax rate (saving you hundreds a month on your mortgage approval!). 2️⃣ Buying Smart: What to look out for if a historic home is eligible for the program but doesn't have a contract yet. 3️⃣ The Resale Value: Why buyers will pay a premium for your home down the road just to inherit your tax savings. Meghan Shigo, Realtor Century 21 Affiliated DRE 01243803 #meghanshigo #realtor #realestate #housingmarket #housing