Housing market is down .... Lets see about lowering your property taxes!

Since property values have declined in many cases - especially in the San Joaquin County CA, Stockton, CA area due to the sub-prime mortgage foreclosure rise, this might be a good time to order an appraisal for your home.   If the value has declined, you may be able to request lower property taxes with the county.

This is something you may want to look into doing.  First.... I would suggest you ask an agent to do a property comparison on similar propertiesin size and location and of course - recent sales in that match your property - for you and they will let you know if your property value has gone done in a large amount.  If yes, you just may be able to get a lower property tax bill.  Of course, you would incur an appraisal fee.  That is why I suggested the property comparable first.

UPDATE*********** 1-30-08 pm

I called the San Joaquin County Tax Assessor's Office and asked if this is a possibly or is it just a wish?

I was told that they are in the process of taking a look at each sale and going back over the last 2/3 years to evaluate if the property is decreasing in value, if they will adjust accordingly.  And they are taking requests  from individuals that feel that their property has declined in value!!! They ask that you call them and they will tell you the forms to fill out and what steps you will need to take.  Please call 209-468-2658.   

I would get the comparable for the last 3 years myself and send that in with my request.  Let them know you know what your property is valued at compared to other similar properties in your area.

Need a FREE property comparable?  Call us at 866-750-8282

Need a Short Sale Specialist?  Want to purchase a REO property? Need information on the foreclosure process?

Give us a call today!  866-750-8282

For a FREE MARKET EVALUATION of your home Call us or visit http://www.motheranddaughterrealty.com/

Check out: Real Estate Terms/Definitions.  And take a look at Mother and Daughter Blog and D'Adrea's Mother and Daughter Blog  - for other tips for Sellers and Buyers. I work with my daughter as the Mother and Daughter Real Estate Team at Perfect Financial Solutions and we also focus in Short Sales and the Pre-Foreclosure process.  Our consultations are free.  Our aggressive marketing plan includes on-line listing advertising.  If you are thinking of selling or buying a home in Northern California's Central Valley (San Joaquin County CA - includes Stockton, Manteca, Tracy, Lathrop) plus Stanislaus County CA - includes Modesto, Salida, Riverbank) & the East Bay (Alameda County CA - includes Hayward, Fremont, Newark, Union City & Oakland) and surrounding areas give us a call.  If you would like a FREE Home Seller or Home Buyer Handbook, please call us at 866-750-8282 or email at US.

Check us out on website: http://www.motheranddaughterrealty.com