We had our annual Homeowner Association meeting last night in the townhouse complex where I live. I sell quite a few units here, and was surprised to hear that the area had been redistricted, and a handful of buildings that had previously been in one school district (Cupertino) were now in another district (Sunnyvale.) Prior to this a street had been the divider between the two districts, but now we will need to check a map to see which townhouses are in what district. The present owners are "grandfathered in." and their children can stay in their current schools. Very confusing.
I questioned Dr. Benjamin Picard, the new Superintendent of the Sunnyvale School District, who spoke at our Realtors' meeting this morning, and he explained that these units had been taxed as if they were in the Sunnyvale district all along, and the error was recently found. He strongly recommended that we as Realtors double check the schools where any home for sale is located by calling the school district. Considering the impact that schools have on property values in our area...that's a good idea.
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