SNR Blog

2025 Is the Year of Granny Flats in California Everyone knows that lack of affordable housing is a problem, especially in Southern California, but so many of the proposed solutions to it run into insurmountable levels of red tape. Why not just turn that vacant mall into an apartment building? No can do; this is not a residential neighborhood? Why not build duplexes on that golf course? No dice; the rich people would rather have a place to play golf than a place for everyone else to live. What about if the houses are tiny? If they are here, they are still taking up too much room. The good news is that the California legislature has just passed a law that will enable property owners to build additional housing units on their own residential properties. Accessory dwelling units (ADUs) were once seen as a money-saving strategy for cheap but controlling people who wanted to keep tabs on their elderly relatives without going as far as to let their elderly relatives live in their houses with them. If you plan to build one or more ADUs on your property and want to make sure that you are complying with current laws, contact a California real estate law attorney. SB 1211 Brings Affordable Housing Right Into Your Backyard Accessory dwelling units (ADUs) are small houses built on the grounds of an existing residential real estate property. At minimum, they have a bedroom, a bathroom, a kitchen, and a seating area. Some of them are free-standing structures, popularly known as granny flats, while others are finished basements or otherwise adjoining wings to the main house; the latter kind are popularly known as mother-in-law suites. Until recently, the law restricted property owners to two ADUs per property. Pursuant to SB 1211, which goes into effect this year, a residential real estate property can have up to eight ADUs in addition to the main house. This is a boon to people who bought too much house and are now lonely and strapped for cash. It is also a boon to home improvement contractors, but most of all to people who are looking for apartments but finding that nothing is available because all of the livable land is being taken up by McMansions and their huge backyards. By building ADUs on your property, you can reap the economic benefits of a multigenerational household while keeping the peace because every adult or every couple has their own kitchen and bathroom. You can also bring in rental income by renting out ADUs on your property. ADUs are a win-win situation for owners and tenants, and if you want in on the action, a real estate lawyer can help you navigate the legal aspects. Contact SNR Real Estate Group to purchase your next A real estate attorney can help you if you are planning to build ADUs on your property to establish a multigenerational household or build your own real estate empire. Contact SNR Law Group in Tustin, California to discuss your case. Sources https://www.fastcompany.com/91242299/how-californias-adu-law-transforms-multifamily-real-estate

Real Estate Love Letters Only Make You Look Like a Fool or Worse Trying to impress people is exhausting. It is the worst part of living in L.A., worse than the smog and the terrifying traffic and the astronomical prices. Everyone spends a fortune on cosmetic surgery and makeup and then lines up for cattle call auditions, hoping that one of the people evaluating them will be someone they once met at a networking brunch about which they still entertain fantasies that they stood out from the crowd. It is not only the Tinseltown airheads who have to live with this level of impressing people; the lawyers, the office receptionists, and the restaurant servers have to do it, too. If only you were rich and you could silence people with your money instead of stunning them with your smile. The good news about real estate is that money talks. Being ugly and inarticulate will not exclude you from a real estate purchase if you can pay the asking price; beyond a certain budget, it does not even matter if your real estate agent is charming. Of course, in pricey and competitive real estate markets like Southern California, money is not enough, even when you get past seven digits, and you need to turn on the charm to buy a house. For help closing a real estate deal without having to humiliate yourself by writing a real estate love letter, contact a California real estate law attorney. The World Needs Less Love and More Respect Real estate love letters are as gimmicky as they sound. Sometimes, in addition to an offer of money for the purchase of a house, the buyer sends the seller a letter, trying to persuade the seller that the buyer would be a perfect fit for the house. Love letters include personal stories, and as such, they reveal a lot about the buyer’s cultural and socioeconomic background. Some people include pictures, which reveal information about the prospective buyer even beyond what the letter says. There are even e-commerce sites that sell pricey stationery for real estate love letters. Real estate agents have recently started to discourage prospective buyers from including love letters as part of the offer package. Sometimes, if the prospective buyer writes a love letter, the buyer’s agent will not even show it to the seller. The growing sentiment is that real estate love letters are a recipe for housing discrimination. You should choose a buyer for your house because they make a fair offer and do not create drama during the purchasing process, not because they have adorable, blond children and share your taste in Christmas tree décor. Professionalism will get you farther than charm will when it comes to buying a house, even in today’s competitive market. Contact SNR Law Group About Real Estate Purchases A real estate attorney can help you make a good impression on the seller without having to resort to gimmicks like real estate love letters. Contact SNR Law Group in Tustin, California, to discuss your case. Sources https://www.msn.com/en-us/money/realestate/real-estate-love-letters-no-longer-good-idea/ar-AA1vbNnF?ocid=msedgntp&pc=ACTS&cvid=72bc3e8fddb24cea8c7fc3dd279de9aa&ei=34