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Home Retention Workshop Tomorrow

Home Retention

FREE Foreclosure Prevention counseling with HUD Certified counselors

Saturday, October 2, 2010 (10:00 a.m. – 12:30 p.m.)
(Counseling 11:00 a.m. – 12:30 p.m.)

New Philadelphia AME Church Sanctuary
19100 South Susana Rd. (Victoria Ave. & Del Amo Blvd.)
Rancho Dominguez, A 90221

FREE NACA SAVE THE DREAM – KEEP YOUR HOME – EVENT AT CONVENTION CENTER

Make you mortgage payment affordable! Same day permanent solutions.

Thursday, September 30 – Monday, October 4, 2010 (24 Hours/day)

Los Angeles Convention Center

NACA, Neighborhood Assistance Corporation of America is a non-profit HUD Certified organization that is the largest and most effective in restructuring mortgages to an affordable payment. NACA has assisted homeowners in saving over $500/month and some over $1,000/month by permanently reducing the interest rate to as low as 2% and, if necessary, reducing the principal. NACA has legally binding contracts with all the major lenders and investors to achieve permanent affordable solutions for many thousands of homeowners.

More information

Register: www.naca.com or call 1-888-499-6222. Walk-ins are welcome. Doors open September 30th at 9:00 AM and close October 4th at 8:00 PM. Over 100 hours!

FREE Home Buyer Education Seminar

Own a Home

Register by calling 323-890-7190
Sign in begins at 8:00 a.m
Doors close at 9:00 a.m.
Seminar is 8 hours, from 9:00 a.m. to 4:30 p.m.

California State University, Los Angeles
5151 State University Drive, Los Angeles CA 90032
Golden Eagle Building – Ballroom 1

Seminar Dates:

Saturday, September 18, 2010
Saturday, October 16, 2010
Saturday, November 13, 2010
Saturday, December 4, 2010

ASSESSOR'S REVIEW OF HOME VALUES PRODUCES PROPERTY TAX SAVINGS

Los Angeles County Assessor Robert Quon announced completion of a decline in value review of homes in Los Angeles County. All single-family residences and condominiums purchased between July 1, 2003 and June 30, 2009 were included in the review. In some hard-hit areas, notably the Antelope Valley, homes purchased as far back as the 1980’s were reviewed. Quon stressed that because of the declining real estate market, it was his responsibility to continue the ongoing, pro-active commitment of the Assessor’s Office to review values to make sure homes are properly assessed. Similar reviews were done in 2009 and 2008 resulting in lower property taxes for over 330,000 homeowners.

Of the 560,000 homes reviewed this year, there are now approximately 290,000 single-family residences and 115,000 condos with reduced values as a result of the declining real estate market. The lower assessments will be reflected on the tax bills issued in October.

Quon noted that nearly all of those homeowners whose property values were reduced in previous years will either see the lower assessment continue for 2010 or, in some cases, reduced even further.

The average value reduction for single-family residences is about $162,000, he added, amounting to an average property tax savings of approximately $1,800. The average reduction for condos is $133,000, amounting to an average property tax savings of approximately $1,500.

“We have begun mailing the results to property owners included in the review and all the notices should be received by June 30, said Quon. “Owners who disagree with the results of the review or whose property was not reviewed, including property other than single-family residences or condos, may file the simple, one-page Decline-in-Value application found on our website.”

This year the application can be filed online at www.assessor.lacounty.gov. The application form can also be downloaded or requested by calling 888-807-2111. The deadline for filing a Decline-in-Value application is November 30.

“Our free review also eliminates the need for most taxpayers to go through the application process, and hopefully will curtail the scam mailers from some private companies offering to submit a review application for a substantial fee,” Quon said.

VIDEO: Dedication of Innovative Affordable Housing Complex In East Rancho Dominguez

Casa Dominguez is an innovative 70 unit affordable housing development.

Residents will benefit from a range of on-site services including a comprehensive Family Development Center that provides child care, a health clinic, and a parent resource center to serve the entire community. In addition, services include on-site after-school programs, college preparatory courses and career counseling, computer training, and English as a Second Language (ESL) classes. Resources will be coordinated by a full-time services coordinator.

This is also the first permanent affordable housing development with supportive services for young adults leaving the foster-care system in Los Angeles County.

Casa Dominguez also incorporates many green building practices including the first commercial gray water irrigation system in Los Angeles County. Casa Dominguez is currently registered under the LEED for Homes Green Building Rating System.