Price declinesIn the last few years you may have seen price declines in your neighborhood, depending on exactly when you bought and where you live.  For many of you, the tax assessor has reassessed the value of your home downward to reflect your home's decline in value.  When that happens, your property tax bill decreases since much of the bill is based on the property value. 

If the assessor hasn't decreased your value, or you think it isn't accurate, you can submit an Orange County property tax appeal for reassessment.  There are two types of appeals, formal and informal.  Formal appeals are to dispute the value listed on your property tax bill and generally are done in the summertime.  Now is the time for informal appeals

To file an informal appeal, go to the Office of the Assessor's page on "Declines in Market Value".  Click on "Request for Informal Assessment Review" to get the form.  If you have any trouble with getting the form, ask me and I will get you a pdf copy.  Ask a real estate agent you trust to get you comparables as of January 1 on your home to fill in that section.  The deadline is April 30.

Call or write if you have any questions.

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For more information on South Orange County homes for sale, contact:

Rosario Rodriguez

Aliso Viejo, CA Realtor

949-616-4441

rosario@myocliving.com

www.myocliving.com

 
This post has been included in California Real Estate News Orange County, CA Real Estate News
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Rosario Rodriguez, J.D., South Orange County Realtor (Aliso Viejo specialist) Rainmaker_large

Rosario Rodriguez, J.D., South Orange County Realtor

Aliso Viejo, CA

More about me…

Aliso Viejo specialist

Address: Aliso Viejo, Westridge, Laguna Hills, Laguna Niguel, Laguna Beach, Irvine, Mission Viejo, Ladera Ranch

Office Phone: (949) 429-7411

Cell Phone: (949) 616-4441

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