If you have purchased your home in the past few years, the value of your home might have dropped below your assessed value by the County Assessor. If you think that is the case, you can file for a Temporary Property Tax Relief by filling out this application and providing 3 sales comparables preferrably between 10/01/08 and 03/31/09. For the 2009-10 tax year, you will need to file your tax relief claim by 05/01/09. So you only have a few days to do it!
In the future should your home value rises over your original assessed value, the new assessed value will be the original assessed value before the temporary cut.
If you need help locating sales comparables for your property, you can contact me at justinedlin@yahoo.com. I'd be glad to be of assistance, free of charge.
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