Moving and taking your property tax with you
0 Comments Published by chrismolnar September 19th, 2007 in Proposition 60, Real Estate for Seniors, San Mateo, Seller Tips. by chrismolnarSo your kids are off to college and you are no longer depending on your house to be located in a good school district in San Mateo county . Make room for the next generation of young families to move into your neighborhood . With Proposition 60 in place you will be able to take your property tax with you as long as you purchase a new home of equal or lesser value in San Mateo county. (other counties cooperate)How about the Gramercy on the Park? Located right across from San Mateo’s Central Park in downtown San Mateo you have the convenience of shops, restaurants, movie theatres and medical facilities in walking distance. The Gramercy offers a 24 hour doorman service, an indoor swimming pool and a great location. Currently there are 3 units available. The Penthouse is offered for $ 1,750,000.00.
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