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slapass 03-25-2009 10:23 AM

Reducing property taxes
 
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.

The Dawg 03-25-2009 11:19 AM

ok..... how?

slapass 03-25-2009 11:29 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 11:31 AM

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

slapass 03-25-2009 04:45 PM

Quote:

Originally Posted by BradM (Post 15671198)
Mother in law just did the same thing, around the same %

Going to save 12k a year.

:pimp

PornMD 03-25-2009 04:49 PM

Quote:

Originally Posted by slapass (Post 15670803)
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 05:25 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 09:20 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 09:25 PM

Quote:

Originally Posted by PornMD (Post 15673367)
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 09:25 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 09:39 PM

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

BV 03-25-2009 09:42 PM

Quote:

Originally Posted by slapass (Post 15672628)
Going to save 12k a year.

:pimp


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 09:44 PM

Quote:

Originally Posted by slapass (Post 15671193)
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.

:disgust

slapass 03-25-2009 09:46 PM

Quote:

Originally Posted by BV (Post 15673394)
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.


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