Friday, October 31, 2008


When home prices drop, there is a potential for you to receive a property tax reduction. If you purchased your home in the last 3-4 years, the current market value of your home is most likely less than what you paid for it. Often times the local Assessor will already be reviewing the value of your property for the current year taxes. However, it is wise to call your local Assessor and ask for a Proposition 8 decline in value review. If you own a custom built home, I would definitely recommend requesting a review.
You may also file a formal appeal application with the Assessor. This will guarantee that your property will get a review. Appeals may be filed with the local Ventura County Assessor up until November 30.
Having worked as an appraiser for the Ventura County Assessor for over 25 years, I would be happy to answer any questions or help with a Comparative Market Analysis for your property.
I am willing to help with any of your Ventura Real Estate needs!
Please contact me at (805) 218-7016 if I can help.

Ventura County Real Estate Specialist

Please visit my website at for more information.