How to Save Serious Cash on your California Property Tax…

With the recent decline in housing prices, there isn’t a better time for home buyers! Wallace Rowan is with us today to show us how to take advantage of these low property values to the benefit of our tax refund.

Lower Property Taxes in California

California homeowners who are merciless to avoid the downward roller coaster housing market ride have an option. While some enjoyed the ride up and other entered at the peak of the housing market bubble, everyone is now currently in a free-fall. Luckily, there is small silver lining to benefit from in the coming years. As a property owner, it is your right to file for a decline in value in order to capitalize on a unique opportunity to reduce property taxes.

Many California homeowners have benefited from the reassessment of their property values. Due to strict deadlines of the counties of California, you may be prevented from seeking a property tax reassessment if you wait too long. Act now before another deadline passes and the potential savings of another tax year vanishes.

This is not a gift or a benefit given by the state but your right as a California homeowner to be taxed fairly. Home values have dropped dramatically in California so a reassessment resulting in a property tax reduction is almost guaranteed if you purchased your home between 2004 and 2007. Usually, the state increases your property tax annually at a capped rate of 2 %. In rare cases will your assessor approach you to reassess your home. It does not benefit you to wait until they do.

Californian property owners have been bombarded by annoying advertisements from property tax appeal consultants asking for up-front fees to provide a service that they can do themselves. Now, more than ever, homeowners need to take matters into their own hands and find ways to save money on their homes. The time for over-spending and hiring out for everything has passed. Now is the time for people to take control of their home finances and weather the storm. It’s really pretty easy to save thousands on property taxes but it requires a proactive get-up-and-go mentality to demand a property tax reassessment and win.

Do it yourself! There’s a growing group of California homeowners who are about to save thousands of dollars! You too can save thousands on your property taxes by filing an appeal yourself, but you have to take action and demand a property tax reassessment before it’s too late. If you need help, there are great programs out there that will show you what to do step-by-step and provide all forms necessary for your property tax appeal letter. Do it yourself and save $1000’s. Yes, it is possible to take the roller coaster ride down and still survive the plunge.

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Don’t hire expensive consultants! It is your right as a citizen to file for a property tax reduction yourself and save thousands of dollars this year and in the coming years.

What an excellent optimistic article in a time when everyone else is seeing the glass as half empty. Thanks, Wallace.

If you’d like to discuss your personal situation in more detail, we have experts standing by to help. Just drop us a line today to get started.