Reducing property taxes

**The Dawg** · 03-25-2009, 10:19 AM

ok..... how?

**slapass** · 03-25-2009, 10:29 AM

Well helps if the actual value versus what the city says is different. Then call the city or county and point it out. This is the time of the year.

**BradM** · 03-25-2009, 10:31 AM

Mother in law just did the same thing, around the same %

**slapass** · 03-25-2009, 03:45 PM

Originally posted by BradM

Mother in law just did the same thing, around the same %

Going to save 12k a year.

**PornMD** · 03-25-2009, 03:49 PM

Originally posted by slapass

YEAH just got them down almost 40%. Tried to bump my old thread where I started the process but could not find it. Anyways nice way to save some cash.

How long did the process take? I'm about to do it for mine, and mine would be going down about 40% too.

**Sosa** · 03-25-2009, 04:25 PM

Congrats! Mine fucking went up $300 this year and I gotta pay them in full by April 3rd since we just did a refinance. there goes quite a bit of money

**PornMD** · 03-25-2009, 08:20 PM

I decided to start the process on mine - apparently it's going to take quite a few months as it's a particular process dealing with some state Proposition regarding homes recently purchased that dropped in value. Funny though, here I thought my place was still probably in the $170k's and I decided to look up listings. There's an exact model match that's been listed for just under a month for freakin' $145k! The sales in the $170k's was just 3 months ago! My property has dropped nearly 50% in value in 2 years, jesus. And it's not like I live in a shithole - it's San Diego, arguably one of the most desireable places to live. Fucking sucks but at least taxes will be down and I'm going to try and renegotiate mortgage too since it's with CA's first time homebuyer program...hopefully better to try and get the govt to do something vs. a bank.

**Sly** · 03-25-2009, 08:25 PM

Originally posted by PornMD

I decided to start the process on mine - apparently it's going to take quite a few months as it's a particular process dealing with some state Proposition regarding homes recently purchased that dropped in value. Funny though, here I thought my place was still probably in the $170k's and I decided to look up listings. There's an exact model match that's been listed for just under a month for freakin' $145k! The sales in the $170k's was just 3 months ago! My property has dropped nearly 50% in value in 2 years, jesus. And it's not like I live in a shithole - it's San Diego, arguably one of the most desireable places to live. Fucking sucks but at least taxes will be down and I'm going to try and renegotiate mortgage too since it's with CA's first time homebuyer program...hopefully better to try and get the govt to do something vs. a bank.

Curious... where in San Diego did you buy a place for 170? I left about 18 months ago when prices were slowly dropping (they have really accelerated since)... but 170? Wow!

**Sly** · 03-25-2009, 08:25 PM

Oh and is it a condo or a house? I suppose I could see a condo being 170... but a house, damn.

**Rochard** · 03-25-2009, 08:39 PM

My property taxes went down just like the value of my house. Sweet.

BV · 03-25-2009, 08:42 PM

Originally posted by slapass

Going to save 12k a year.

So you knocked about 600k off your taxable value? Property values must be dropping big time there.

If that saved you 40% that means your still paying 15k a year? which means your value is somewhere around 700k, down from over a million? Dam....

**Barefootsies** · 03-25-2009, 08:44 PM

Originally posted by slapass

Well helps if the actual value versus what the city says is different. Then call the city or county and point it out. This is the time of the year.

Yeah, well that would be nice.

I received a bill from the city a month or so back telling me my property value had went up, and my taxes were adjusted, or increased, $1500.00 for the year.

So while you are getting yours down, the city here is claiming property value is going up.

**slapass** · 03-25-2009, 08:46 PM

Originally posted by BV

So you knocked about 600k off your taxable value? Property values must be dropping big time there.

If that saved you 40% that means your still paying 15k a year? which means your value is somewhere around 700k, down from over a million? Dam....

It is multiple properties.

Reducing property taxes

Reducing property taxes

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