Mills Act Application – Will Your Property Qualify?

While there are many buildings that are already approved for Mills Act Status. There is an application homeowner can use to apply to extend the tax status to new buildings.

Each city and county (unincorporated Los Angeles County) may have different procedures for local historic designation. Contact the Planning Department or Community Development of your local government to confirm whether they participate in the Mills Act Program, the criteria that would need to be met, and the application process. Your building may already be considered a contributing structure to an established historic area. Also, many buildings that were not designated as historic on past surveys may now be eligible to qualify as historic.

The Mills Act program is for property owners who are actively rehabilitating their properties or have a plan to do so that is compliant with the Secretary of the Interior’s Standards for Rehabilitation and the California Historical Building Code.

The City will only be accepting applications for properties that prove they need significant rehabilitation or restoration work. The proposed work to rehabilitate or restore the property shall be equal to or greater than the total expected tax savings.

For applicants who are just starting their rehabilitation project, all work shall be completed within the first 10 years of the contract. Owners who enter into a contract and do not rehabilitate or maintain the property are subject to the City canceling the contract and the County Auditor collecting the 121⁄2 percent of the current fair market value penalty against the property. Recently completed projects shall be defined as projects completed in the 12 months prior to the application being submitted.

#millsactapplication #entarissmarter

Have you applied for the Mills Act Tax status, what was your experience? #comment

Properties throughout the state can qualify. Fill out the online form to see properties in the southland. The type of properties that qualify extend beyond live/work lofts in DTLA.

Link to LA City Mills Act Application.

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The application for mills act status could be worth the effort of looking into the process

Copyright © This free information provided courtesy L.A. Loft Blog with the information provided by Corey Chambers, Realty Source Inc, DRE 01889449; MPR Funding Inc NMLS 2000513. We are not associated with the seller, homeowner’s association, or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com, Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties are subject to prior sale or rental. This is not a solicitation if the buyer or seller is already under contract with another broker.

The SoCal Home Monthly Newsletter for February 2018

 Love Remedies a Multitude of Wrongs

February as you know brings in Valentine’s Day, where many of us scramble to make sure those close to us KNOW we love them! After all – Love is a many splendid thing.  While love for our family and friends is the most important, I think it’s also important to express my love for helping people find a home where their heart is.  #socal #home #newsletter

My favorite love description is: Love is patient, Love is kind. It does not envy, it does not boast, it is not proud. It is not rude, it is not self-seeking, it is not easily angered, it keeps no record of wrongs. Love does not delight in evil but rejoices with the truth. It always protects, always trusts, always hopes, and always perseveres.

I could go on with all kinds of examples like – Love Your Neighbor as Yourself, even go all business on you with accolades about how much we love doing business with you, or how much we love your referrals and more – but, the point is we do love helping people sell and buy real estate. And those people say we are good at it!

Please know that my team and I are eager to help anyone you know wanting to make a move so much so that we are willing to make an offer that they will LOVE – AND – the Kids at Children’s Hospital Los Angeles will love too.

For the month of February, anyone considering making a move that you refer to me, we will guarantee them in writing their home will sell or we’ll buy it at a price acceptable to them.  We just need to agree on the price and possession date with the seller.

Just like we are thankful for you and your business, I am confident your referrals will be thanking you for guiding them in the right direction on getting their home sold!!!

Also included with this month’s newsletter is a story about a very special 11 year-old boy with a 10 year-old heart!   #coreychambers


Please know that my team and I are eager to help anyone you know wanting to make a move, so much so, that we are willing to make an offer that they will LOVE – AND – the Kids at Children’s Hospital Los Angeles will love too.

For the month of February, for anyone considering making a move that you refer to me, we will guarantee them in writing their home will sell or we’ll buy it at a price acceptable to them. We just need to agree on the price and possession date with the seller.

Just like we are thankful for you and your business, I am confident your referrals will be thanking you for pointing them in the right direction to getting their home sold fast!

And remember, YOUR referrals really do help Children’s Hospital of Los Angeles


We are still on a mission to raise $25,000 for Children’s Hospital of Los Angeles. We do this by donating to them a portion of our income from homes we sell. As you may know, Children’s Hospital of LA does miraculous work in helping kids fight through and survive some of the worst life threatening diseases like cancer, Non-Hodgkin’s lymphoma, leukemia, and more.

BUT- they rely on Sponsorships and Donations to continue providing a uniquely supportive and healing environment. Donations also benefit families by helping to keep overall expenses as low as possible. So, YOUR REFERRALS REALLY DO HELP THESE KIDS!


Referrals help the kids at Children's Hospital Los AngelesWe are on a mission to raise $25,000 for Children’s Hospital Los Angeles (we have already raised over $2,500).  Kids under the care of Children’s Hospital are more likely to survive serious diseases and cancer.  BUT, Children’s survives because of our sponsorships and donations.  So, the Corey Chamber’s Team makes it a point to donate a portion of our income from selling homes to help support the great work that they do.  Your referrals REALLY DO help the kids!

With that in mind — whom do you know that’s considering buying or selling a home?  When you refer them to my real estate sales team, not only will they benefit from our award-winning service, but we donate a substantial portion of our income on every home sale to Children’s Hospital Los Angeles.  It’s easy to refer your friends, neighbors, associates or family members considering making a move.  Go to www.ReferralsHelpKids.com and enter their contact info online or forward the link to those whom you know are considering a move OR you can always call me direct at 888-240-2500.

I want to make it easy for you to refer your friends, neighbors, business associates, or family members considering making a move, so here are some convenient options for you:

 

  1. You can go online to www.ReferralsHelpKids.com and enter their contact info and we’ll take care of contacting them
  2. Just pass along the internet address, www.ReferralsHelpKids.com, to anyone you know who might be considering a move
  3. Contact us directly at 888-240-2500

I want you to know that you and your referrals mean more than ever to my team and me.  As we continue to move forward in 2018, please know we are extremely thankful for you being a special part of our business.


Why I Support Children’s Hospital of Los Angeles

I grew up right here in Los Angeles. Born right nearby at St. Francis Hospital. I remember when I first heard about a young person close to our family suffering from a nasty disease and getting treated for that at Children’s Hospital Los Angeles. It was then that I began to pay closer attention to the work they do at that hospital. Since then, I have learned that it is a collection of hard working health care professionals, most making their home right here in the Los Angeles area, all coming together for a common cause. That cause is to help young people overcome unfortunate health issues that life sometimes throws our way. Being a Los Angeles area, California native, I take pride in supporting in any way that I can the good work these people do at Children’s. My team rally’s around our annual goal of raising money and donating portions of our income to help Children’s in their quest to heal young people when they need healing. My team and I are committed to providing outstanding results for buyers and sellers referred to us by our past clients. I have discovered that Children’s Hospital Los Angeles shares similar commitments to their patients.

And since their services survive on sponsorships and donations we are happy to contribute and proud to support them.

And remember, I want to make it easy for you to refer your friends, neighbors, business associates, or family members considering making a move, so here are those options for you again:

 

  1. You can go online to www.ReferralsHelpKids.com and enter their contact info and we’ll take care of contacting them
  2. Just pass along the internet address, www.ReferralsHelpKids.com, to anyone you know who might be considering a move
  3. Contact us directly at 888-240-2500

With all my appreciation,

Corey

 

 

Corey Chambers


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Corey Chambers Your Home Sold GUARANTEED or I'll Buy It* 888-240-2500

Your Home Sold GUARANTEED or I’ll Buy It*

Corey Chambers, REALTORÂź
(213) 880-9910
coreychambers@yahoo.com
http://www.laloftblog.com/

Your Referrals Help the Kids. For every referral I receive, I donate a portion to the Children’s Hospital Los Angeles. With your referrals, you are helping Children’s Hospital ensure that critical life-saving care is available to every child they treat. http://www.ReferralsHelpKids.com

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449  Not associated with the homeowner’s association, seller or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com  Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

Based on information from the Association of REALTORSÂź/Multiple Listing as of [date the AOR/MLS data was obtained] and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

*seller and Corey must agree on price and time of possession – details and conditions visit coreychambers.com