April 10th, second installment of Property Tax is Due

We would like to take this time to remind our readers:

April 10

  • Second installment secured property taxes delinquent. A 10% penalty is added as of 5:00 p.m.  If delinquent date falls on a weekend or holiday, the delinquent date is the next business day.

Remember, Property Taxes are delinquent April 10th if the property is in escrow. Coordinate with your escrow officer in order to pay property taxes in a timely manor.

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December 10th first installment of Property Tax is Due

November, December, February and April are all important tax months to be aware of when it comes to paying property taxes.

We would like to take this time to remind our readers:

December 10

  • First installment secured property taxes delinquent. A 10% penalty is added as of 5:00 p.m.  If delinquent date falls on a weekend or holiday, the delinquent date is the next business day.

Remember, Property Taxes are delinquent December 10th if the property is in escrow. Coordinate with your escrow officer in order to pay property taxes in a timely manor.

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Escrow Check Policies in a Digital Age

Living in the Digital Age is an exciting and special time for Escrow, but consider the following:

Your Buyer, Seller or Real Estate Broker just left your office with their Escrow Check in hand, but then they return a few minutes later to ask for a reissue or redraw, because: Read the rest of this entry »

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TalbrookEscrow.com Workshop

Discover how to easily connect youself or your clients to Talbrook Escrow, allowing you to Track and Review your escrow’s every move!

Simplify your escrows by connecting online to TalbrookEscrow.com and give yourself (or your client) powerful tools to process and interact with your escrow, from opening to closing!

After this workshop, you will be able to:
 
 
 
 
 
  Read the rest of this entry »

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City Requirements for Buying or Selling Real Estate in southern California

Many cities have special requirements when it comes to buying or selling real estate. These items can range from a simple form to fill out, to a full housing inspection by the city, depending on which city, and the city’s current ordinances.

This can be confusing, and so Talbrook II Escrow Corp. has compiled a list containing each city requirement in this regard, for some of the most common cities in southern California. Read the rest of this entry »

No Darn Fooling Around – Property Tax Time!

November, December, February and April are all important tax months to be aware of when it comes to paying property taxes. Some of the more significant dates for California property taxes are as follows: Read the rest of this entry »

California City and County Transfer Tax

A list of California City and County Transfer Taxes in PDF format, for your reference. When a property is sold, transfer tax is charged at a rate depending on the sales price. In addition to the County transfer tax, certain cities charge and ADDITIONAL transfer tax. Some cities do not have a separate city transfer tax. Traditionally the seller pays the transfer tax, but it like all other aspects of a Real Estate sale, this may be negotiated.

Click and download our California City and County Transfer Tax sheet, in Adobe PDF format.

New Franchise Tax Board Forms

The Franchise Tax Board has issued its finalized 2011 forms. Details including links to all forms can be found at:

New PCOR Form from CA State Board of Equalization

The California Escrow Association provided feedback and suggestions during the extensive revisions to this form in 2010. Details, including the revised form Read the rest of this entry »

Riverside County – New Transfer Tax Form

Please be advised effective January 1, 2011, Riverside County now requires an affidavit, in addition to the standard PCOR, with any document to be recorded which conveys or amends title. Click to download the Documentary Transfer Tax Affidavit.