Assessor reminds homebuyers about supplemental property tax

At a recent Silicon Valley Association of Realtors meeting, Santa Clara County Assessor Larry Stone enlisted the help of realtors to remind new homebuyers about the supplemental property tax.

Stone said that while he is aware realtors mention the tax when explaining the real estate transaction process, he indicated that often new homebuyers are so excited about purchasing a home, they don’t remember that they will be receiving the supplemental property tax bill months after they move in.

Business Brief

Realtor hosts workshop on tax reform

Realtor Matt McCormick has scheduled the real estate workshop “The Tax Cuts and Jobs Act: How Will It Affect You?” 6:30-8 p.m. Nov. 30 in the Orchard Room of the Los Altos main library, 13 S. San Antonio Road.

McCormick will discuss new federal tax-cut proposals for homeowners and answer questions.

MV Chamber of Commerce foundation launches #GivingTuesday initiative

The Mountain View Chamber of Commerce Education Foundation has joined the #GivingTuesday movement, a global day of giving aimed at harnessing the collective power of individuals, communities and organizations to encourage philanthropy and celebrate generosity.

#GivingTuesday, scheduled Nov. 28 this year, is held annually on the Tuesday after Thanksgiving to inspire people to collaborate in improving their communities and to give back in impactful ways to the charities and causes they support.

County sells first wave of affordable-housing bonds

Santa Clara County last week sold the first $250 million of general obligation bonds to build affordable housing for vulnerable populations, including the homeless, disabled and foster youth, and offer loan assistance to first-time homebuyers.

Voters approved the $950 million Measure A bond in November 2016 to combat the region’s problems with homelessness and lack of affordable housing.

SILVAR earns fifth award for global, multicultural work

The Silicon Valley Association of Realtors recently earned the National Association of Realtors Platinum Award for Global Achievement.

The platinum award is the highest distinction presented by NAR to an association for demonstrating through its global business council exceptional commitment to building member awareness of global and multicultural business opportunities in its local market.

International travelers: plan extra airport time

The U.S. Transportation Security Administration recently introduced new security screening measures that could complicate international travel.

The new regulations, which are being implemented airline by airline, focus on interview-based passenger screening and heightened attention to electronic devices in hand luggage.

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