riviera
Sunday’S
Open HOmeS To view this weekend’s Open Home Guide and all other Real Estate for sale or rent go to: newspress.com – click on Special Editions, House & Home
Goleta North 12-4 $1,495,000 635 Avenida Pequena 4/2.5 Private & Peaceful 4 bedroom 2.5 bath townhome with beautiful upgrades throughout. Ground floor bedroom / office. Tranquil backyard features a garden surrounded by oak trees. Coldwell Banker Realty Jeani Hansen Burke 805-451-1429
Mike Richardson, Realtors Kyle Richardson 805-680-3131
riviera 1-3 $2,900,000 1721 Olive Street 4/4 Extensively reimagined craftsman inspired 4 bedroom, 4 bathroom + bonus settled in the heart of Santa Barbara. From the moment you approach you are greeted with a full-scale of upgrades. Big Block Realty Ursula Santana
805-455-9025
2-4 $975,000 2621 State Street 4 2/2 Updated top floor Villa Constance North condo sited near the center of the complex away from State St. with views overlooking the manicured association grounds and pool. Coldwell Banker Realty 805.450.5623 or 805.335.4726 Charles Brewer & Brisaly Balderas #01477889 or #02128318
10-1 $1,749,000 2850 Verde Vista Dr 3/2 Enjoy single-level living in an immaculate and updated San Roque bungalow!
MeSa 1-4 $4,995,000 3202 Braemar Drive 4/4.5 Resort Living! Updated modern-Mediterranean home near Hendry’s Beach. Entertainer’s yard with outdoor kitchen, expansive lawns, pool, spa! # 01132005
1-4 $1,749,000 2850 Verde Vista Dr 3/2 Enjoy single-level living in an immaculate and updated San Roque bungalow!
1-4 $3,175,000 2507 Calle Andalucia 3/2.5 Fulfill your day with inspiring ocean, mountain, sunrise & sunset views from this ideally located retreat at the top of the Mesa’s Westwood Hills enclave steps away from Elings Park.
# 02090649
SycaMore caNyoN 1-3 $5,450,000 1493 Sycamore Cyn Rd. 5/6 Luxurious, tropical and spacious Spanish Oasis. Entertainer’s dream home.Gated and private resort like experience. Fruit trees galore! Home Realty and Investments Ben Rivera 805-452-6447
MeSa
# 02121165
SaN roque
Zia Group | eXp Realty California Alexander Stoeber 805-450-9944
925-548-1305
# 01965452
SaN roque
Zia Group | eXp Realty California Jorden Angel 916-730-5802
Sun Coast Real Estate Chris Agnoli 805-895-0313
# 01902531
# 00119695
laS PoSitaS
Coldwell Banker Nicole Powers
$2,100,000 1229 E Cota 3/1 & 3/2 1-3 NEW LISTING + 1ST OPEN! 2 detached homes on a flat 1/4 lot. Owner-user? Live in house and rent the other. Investor? Remodel the units and add an ADU to maximize ROI. 1,000+ sq. ft. garage.
# 01367001
To submit your open home for the following weekend. Go to newspress.com Click on “SPECIAL EDITION” then click on “OPEN HOME” For more information please e-mail: openhomes@newspress.com
# 02185632
Depending on how it is done, it can raise your property taxes, increase your liability, and create a situation where you need to ask your kids for permission to sell or mortgage your home. That said, properly doing this can be a great planning tool to accomplish specific goals. Your daughter is suggesting that you include her in the ownership of your home. Jointly owned property can be shared in three ways. The default type of joint ownership is known as “tenants in common.” Each owner owns their part of the property individually. The co-owners can each have the same shares, for example, each owning half, or they can agree to a different arrangement. When one owner dies, their share goes to their heirs, typically through the probate court. Property can also be owned as “joint tenants with right of survivorship.” With this By Gary M. Singer type, each person owns the entire property without any division from the other owners. When one owner dies, the entire property remains with the other owners, and the deQuestion: ceased’s heirs inherit nothing. My daughter wants me to put my apartment into a joint tenThe final form of ownership, called “tenants by the entireties,” is similar to this but is ancy with survivorship to make things easier when I eventually reserved for spouses and offers additional advantages reserved for married couples. pass away. I want to make things easier, but I don’t know what this Other options, like a life estate or lady bird deed, will allow you to maintain more conmeans. Is this safe and something I should do? – Laura trol over the property while alive but still avoid probate when you pass. The varied choices can make this all seem confusing, and to some extent, it is. An expeAnswer: rienced estate planning attorney can help you sort through this and find the best solution Planning for our eventual demise can save those we leave behind a lot of headaches. for your family. There is no “right” way to plan your estate; there is only the best way based on your situProperty estate planning often proves the adage that “an ounce of prevention saves a ation. pound of cure.” You can use many tools, such as wills, life estate deeds, trusts, and joint tenancy, which, Gary M. Singer is a Florida attorney and board-certified as an expert in real estate law by the Florida individually or in combination, might be the right choice for your circumstances. The point of planning your estate is to ensure your assets and savings go your loved ones Bar. He practices real estate, business litigation and contract law from his office in Sunrise, Fla. He is the instead of creditors in a way that is simple and inexpensive for those you leave behind. This chairman of the Real Estate Section of the Broward County Bar Association and is a co-host of the weekly radio show Legal News and Review. He frequently consults on general real estate matters and trends in lets your family grieve your loss rather than dealing with creditors, lawyers and bankers. A typical planning tool is to deed your loved ones onto your property with you. How- Florida with various companies across the nation. Follow him on Twitter @GarySingerLaw. Distributed by Tribune Content Agency, LLC. ever, transferring an interest in your home can have significant consequences.
Real Estate Q&A:
What’s the right way to plan my estate?
SANTA BARBARA NEWS-PRESS REAL ESTATE
SaturDAY, FEBRUARY 18, 2023
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