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It just got easier to apply for a reduction of your property tax bill. Orange County, CA Assessor Webster Guillory has been quoted by the Orange County Register as saying that homeowners who are looking at reducing their property taxes due to the downturn in market prices don't have to provide comparable sales to prove that the value of their home has dropped. Orange County Homeowners who purchased after 2002 are likely to see a reduction in their property taxes by applying. You still have until April 30th to request an informal review of your tax assessment. 
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