Redding, Ca Blog: Recreation, Real Estate, Events & People

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November 12th, 2007 at 8:13 am

Tax Relief - Prop 8


Tax relief (Cut your monthly payment!) Not sure if this is
available in all areas… I recently discovered that in our area (California) we
have Prop 8 which allows buyers to call their tax assessors office to have their
tax base temporarily reset. The way I understand it to work in Shasta County is
that the buyer can call the tax assessors office and request them to reassess
their property if their current assessed value is more than what the property
would appraise for as of January 1st of current year. The buyer’s tax base will
decrease if the assessors office appraises the home for less than the currently
paid tax base. This will remain in effect until the value of the home returns to
the original tax valuation. This is a great opportunity to contact our past
clients, providing added value and ask for those referrals. Not to mention you
could save them money! Not sure if its available in all areas, but worth looking
into…

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