X-Tra, Miscellany and Admin: February 2009 Archives
Been a while since I posted this: In California, your property taxes are based upon your purchase price (plus no more than 2% per year, compounded). But if values fall, you can get your assessment lowered by appealing your assessment. It's really pretty easy - I appealed two years after I bought. One form and my assessment went down.
San Diego County Assessment Appeals Board has the forms necessary. If you're in some other county, use their form.
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What Consumers Need To Know About Buying Real Estate
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