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The purchaser or spouse must be 55 years of age AND...
The replacement home must be equal or less than the value of the home sold, AND...
The replacement home must be either in the same county or another participating county.
Participating Counties as of June 1996:
Alameda
Kern
Los Angeles
Marin
Modoc
Monterey
Orange
San Diego
San Mateo
Santa Clara
Ventura
If you are thinking of moving, contact the
county assessor's office in the county you are moving to and ask for the
most recent information on Proposition 90.
Beware
of pitfalls in buying a home. Get free CD: "Avoiding Costly Mistakes in
the Home Buying Process"
Email:
buyerbroker@sbcglobal.net
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