Purchasing in El Dorado County with Prop 60, 90 or 110

Propositions 60, 90 & 110 allows homeowners the ability to purchase a new home in El Dorado County

and transfer their original property's older tax base year value.  The Menser Real Estate Group often

assists out of area buyers that use Prop 90 to bring their tax base here. If you have any questions,

don't hesitate to call, (916) 289-9866.

 

Prop 60

Anyone who meets the requirements to transfer the base year value from an original residence to a replacement residence

within the county.

 

Prop 90

Anyone who meets the requirements to transfer the base year value from an original residence in any other county to a

replacement residence in another county providing the "gaining" county passed an ordinance authorizing the

transfer (which El Dorado County has passed).  This special proposition will EXPIRE on November 7, 2018.

 

Prop 110

Any permanently disabled persons are able to transfer the base year value from an original residence to a replacement principal residence.

 

Requirements:

  • One of the property owners must be 55(Prop 60/90) or permanently disabled(Prop 110)
  • The original residence must have qualified for either a Home owner’s or a Disabled Vets exemption.
  • The sale of the original principal residence and the acquisition of the replacement principal; residence must both occur within a two year period.
  • The market value of the replacement principal residence must be equal to or less than:
    • 100 percent of the full cash value of the original property as of the date of sale, if the replacement dwelling is purchased or newly constructed prior to the date of sale of the original property.
    • 105 percent of the full cash value of the original property as of the date of sale, if the replacement dwelling is purchased or newly constructed within the first year following the date of the sale of the original property.
    • 110 percent of the full cash value of the original property as of the date of sale, if the replacement dwelling is purchased or newly constructed within the second year following the date of the sale of the original property.

 

 

Purchase a home in El Dorado County using Prop 60, 90 or 110 to keep your tax base.

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NEIGHBORHOODS

LIFESTYLE

BUYERS

SELLERS

OUR STRATEGY

ABOUT

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CONTACT

Who you work with matters.

Menser Real Estate Group
Coldwell Banker El Dorado Hills

Donna Menser CaBRE#01358394 | Stephani Menser Polley CaBRE#01898563 | Melissa Cvitanovic CaBRE#01924412

 

The Menser Real Estate Group with Coldwell Banker represents El Dorado Hills properties, in El Dorado Hills finest neighborhoods: Serrano, Kalithea, The Promontory, The Summit, Southpointe, Highland Hills and several others. Donna Menser, Stephani Menser Polley and Melissa Cvitanovic are established top realtors in the El Dorado Hills residential real estate market. Begin by viewing our El Dorado Hills homes and property listings for sale.