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subject: Why Home Buyers Should Consult La Jolla Notary Agents Prior To Buying Their Homes [print this page]


There is a widespread practice in La Jolla affecting both visitors and locals alike. An example is a couple who bought a house in La Jolla can clarify the point. They went through the normal and proper legal procedures to ensure that everything related with buying their house should be legitimate. In accordance with what they were looking for in a home, they found a notary, paid their deposit, completed the purchase and settled the necessary stamp duty and notary fees. What did they do wrong? Obviously, they thought they were to move into their nest and live happily ever after. Isnt that right? If you think that is how it ought to be, think again. It was wrong.

A thunderbolt came upon them from a clear blue sky, when the couple received a letter within a matter of weeks from the Tax Department. They were advised that they needed to cooperate with a surveyor from their department who would be visiting their home to value it and ensure that they paid enough for it. It wouldnt hardly be a matter for tax consideration whether or not they had invested every last cent to pay for their home. The official from the Tax Department would have the final say in this regard.

So, what should you do now? You have paid the market value for your new house in beautiful La Jolla in San Diego, and it is very natural that you should not be worried a bit about it. If you are thinking this, you have the wrong idea. Take these two instances for example.

Consider a couple that has just bought a La Jolla home with a price that is supposed to be at the current market value of the property. When a surveyor visits their home, the surveyor says that their home is worth more than what they had paid. In protest and opposition, the couple must then take up their right to appeal and present all of their documentation along with letters from their local real estate agents which asserts that the current sale price of similar properties in that area were equal or similar enough. The official immediately rejects the appeal and orders them to pay Stamp Duty on the additional amount plus the same amount again as a penalty for non-disclosure. They could have saved themselves had they consulted a La Jolla Notary agent earlier. Dont worry! There is still a way to get rid of this unwarranted complication.

Consider another example: A woman has bought a home for her son herself. She had some areas of the existing home refurbished by installing steel reinforcement of the floor, floor tiles and some brickwork. All these refurbishments had been completed before they moved into the home. A bombshell in the form of a Tax Letter came to them out of the blue when they had just started to settle into the home. The letter said that they had outstanding taxes to be paid.

These incidents are fairly common. To safeguard yourself from such unpleasant incidents, hire a professional dealing with Notary La Jolla. They will handle the deal of buying a home in La Jolla in all the right ways. From Copy Cove Printing to La Jolla Mailbox Rentals, to Postal Annex or the UPS store, they will handle everything professionally and in such a way that you will never face any problems living in your new home.

by: Ronit Sen




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