Did you know that Property Taxes can be reassessed?
WE need reassessments across much of our area. They present assessments are based on the boom of 2005. It is nothing like that now.
But if they reassess...they will just increase the tax rate. Can't win for loosing.
Did you know that Property Taxes can be reassessed?
If you bought your home in the past three years this might not apply to you. On the other hand, if you bought your home previous this time frame, you might want to make sure that you are not paying too much in taxes. If your property’s assessed value is higher than what the property is actually worth today, then you may be eligible for a reduction of your property taxes.
For Los Angeles County Go to the following website: http://www.assessor.lacounty.gov on the left side of the page go to FORMS and click on ASSESSMENT, then go to 2011 Decline-in-value Review Application and click on RP-87-Fill In Print & Mail. Just fill out the form and mail it in.
For Ventura Count Go to the following website http://www.assessor.countyofventura.org :at the top of the page go to Quick Form Links and click Decline In Value Reassessment. Just fill out the form and mail it in.
I would encourage all of you to at least check it out, you might be pleasantly surprised that your tax obligation might be less than what you expected.
If you are a consumer who is considering buying or selling a home, investment real estate, vacation homes, or beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Culver City, Marina Del Rey, Venice or Malibu. Feel Free to give me a call at 310.486.1002 or emails me at homes@endrebarath.com or visit one of my websites at http://www.endrebarath.com Your Pet Friendly Realtor. I contribute a portion of my commission to Local Animal Rescue Organizations.
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