California Proposition 58 – Transferring Property Taxes On An Inherited Home and Avoiding Property Tax Reassessment. Proposition 58 grants California property owners with the ability to transfer real estate between a parent and child and avoid property reassessment. This effectively … Continue reading →
California Proposition 58 Property Transfer & Avoiding Reassessment California Proposition 58 provides California property owners with the ability to transfer real estate and a low property tax base between a parent and child. There are requirements to qualify for the … Continue reading →
Loans to Trusts & Estates Mike Riggs, Senior Account Executive for Commercial Loan Corporation is attending this years California NAELA Joint Chapters 2019 Summit in San Francisco. If you are an attendee and have any questions on our California Proposition … Continue reading →
California Proposition 58 and Property Taxes When inheriting real estate from a parent, one of the primary considerations in determining if you will keep or sell the property is often the expenses associated with the home. Typically one of the … Continue reading →
What is California Proposition 58 and how may it benefit you? On November 6, 1986, California Proposition 58 became effective. Proposition 58, with certain limitations, permits the exclusion for reassessment of property taxes on real estate transfers between parents and … Continue reading →
The 49th Annual Trust and Estate Conference will take place on Friday, November 17, 2023, at the Westin Bonaventure Hotel in Downtown Los Angeles. Commercial Loan Corporation will once again be sponsoring the event. Two of our Senior Account Executives, … Continue reading →
Loans to Trusts and Probate Estates We specialize in lending to Trusts & Estates. Our specialized trust loans help clients keep a parent’s low property tax base on an inherited home. The trust loans that we provide meet the California … Continue reading →
Loans to Trusts and Estates We are California’s #1 Trust and Estate Lender. We have helped over 500 clients keep a parent’s low property tax base on an inherited home. Our average client saves over $6,550 a year in … Continue reading →
Bridge Loans to Irrevocable Trusts A bridge loan is a sum of money lent by a lender to cover a short duration of time between two transactions. Bridge loans are typically used for the buying of one house and the … Continue reading →
Trust Loans, Estate Loans, Probate Loans & Loans to Prepare A Home for Sale Commercial Loan Corporation is a one stop shop for all of your Trust & Estate Loan needs. Unlike other lenders, we specialize in helping clients who … Continue reading →
