Wednesday, April 2, 2008

Property Tax Reductions

Fortunately, most of our clients, or more accurately, their properties, in Marin and San Francisco have weathered the real estate downturn well. In other areas, however, people who bought in recent years may find that their property has declined in value. Sometimes significantly. Oddly enough, when these folks get their property tax bill, they usually find that the assessed value of their home has not been reduced in kind. Fortunately, there is a rememdy. This helpful SF Chronicle article explains how to get a temporary reduction in the assessed value of your property. Share this with anyone you know who ought to take advantage of this opportunity.

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