Most homes have gone down in value in the past 24 months. If your home value was assessed by the county for tax purposes anytime in the past five years, you may be paying property taxes on a value that does not reflect current economic reality. Recognizing this, most counties in Southern California offer a free reassessment with the intent of lowering the assessed value and thereby lowering your property taxes. In some counties, such as Riverside County, this was done automatically in 2008 but must be requested in 2009. Each county assessor’s website has a form you can typically download and fill out to request the reassessment. KVCR hopes to consolidate the greater Los Angeles region’s county forms in this section of this crisis website to make it easy for you to start the process. Watch for further posts in the near future.
















Fri, Jun 19, 2009
Government Programs, Tax Re-evaluation