code7700_IHB
New member
A few weeks ago I saw an OC Register article titled <a href="http://www.ocregister.com/articles/property-appeals-assessment-2065285-board-appeal">How to appeal your property tax assessment</a>.
Needless to say, this was something I wanted to do and I had planned to contact them next week.
But to my amazement, in the mail today was a letter from the Orange County Tax Assessor today that said: "Your taxable value has been <u><strong>temporarily adjusted</strong></u> due to market conditions existing on the lien date, January 1, 2008."
(The phrase <u><strong>temporarily adjusted</strong></u> was literally underlined and bold.)
The total reduction was about 15% and (as much as I hate to say it) it is fairly accurate (in-line with comps for my area). It could be a bit lower (another 5% or so) based on recent activity, but that is not my point.
My point is that I was (pleasantly) surprised to see the Orange County Tax Assessor taking proactive steps -- especially when it will take money out of their hands.
Needless to say, this was something I wanted to do and I had planned to contact them next week.
But to my amazement, in the mail today was a letter from the Orange County Tax Assessor today that said: "Your taxable value has been <u><strong>temporarily adjusted</strong></u> due to market conditions existing on the lien date, January 1, 2008."
(The phrase <u><strong>temporarily adjusted</strong></u> was literally underlined and bold.)
The total reduction was about 15% and (as much as I hate to say it) it is fairly accurate (in-line with comps for my area). It could be a bit lower (another 5% or so) based on recent activity, but that is not my point.
My point is that I was (pleasantly) surprised to see the Orange County Tax Assessor taking proactive steps -- especially when it will take money out of their hands.