Whats the one good thing about dropping home values?
Getting your property taxes re-assessed.
Today, June 1st 2010 is the begginning of the period that the LA County Tax Assessor will begin to review appeal applications for decline in value. The Assessors office has automatically begun to proactively review values from January 1 to June 1, to see if you Los Angeles County property assesment has been reduced click here . If you disagree with the value, the last day to file for a formal assesment appeal is November 30th, 2010.
This process can be done online now and there is no charge to have your property reviewed for re-assessment.
Posted by Ben Nicolas on