The Skinny on Lowering Property Taxes

You are currently browsing articles tagged The Skinny on Lowering Property Taxes.

Get a Text Message Reminder for Property Tax Appeal Deadlines for the Sacramento Region, Central Valley & Bay Area

April 16, 2009 in Internet Stuff, Property Taxes, Tax Appeal | No comments

text-message-reminder-for-lowring-property-taxes-sacramento-region1I just added a nifty feature on this website that will remind everyone of property tax appeal deadlines in surrounding counties. Let’s face it, life is busy and it is sometimes difficult to stay on top of these details because of all that we are juggling. So if you are located in the Greater Sacramento Region, Central Valley or Bay Area, feel free to sign up. We don’t need to know each other personally or be connected in any way. Maybe you’re a home owner or someone who happened to stumble on this website. Or maybe you are an agent or broker who will look good when you remind your clients of these important deadlines and what they entail.

All you need to do is enter your phone number and mobile carrier in a sidebar feature to the left and push “Subscribe” (I included an image above in this post of what you need to look for in the left sidebar). Then I’ll make sure to send you a text message prior to July 2, November 30, and anything else that becomes relevant. You will NOT be called, your phone number will NOT be given to anyone, and you will NOT be spammed with texts or solicited for business either. This is simply a helpful reminder for you. Also, if any of your friends or family would benefit from a reminder, you are welcome to send them here too.

If you have any questions regarding the property tax appeal process or property tax appeal appraisals, contact (or text) me at 916-595-3735 or email me at ryan [at] lundquistcompany [dot] com.

http://www.lundquistcompany.com/blog  Get a Text Message Reminder for Property Tax Appeal Deadlines for the Sacramento Region, Central Valley & Bay Area

  • Share/Bookmark

If you enjoyed this post, make sure you subscribe to my RSS feed!

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Rancho Cordova Real Estate Market Trends / Property Taxes in Rancho Cordova & Beyond

April 4, 2009 in Market Trends, Property Taxes, Rancho Cordova, Tax Appeal | No comments

What’s been happening in the real estate market in the city of Rancho Cordova in 2009 so far? Below is a graph and some stats for you: 

rancho-cordova-real-estate-market-trends-2009

Rancho Cordova Real Estate Market Trends in 2009:

  • 179 total sales in MLS in 2009
  • 77 current Active listings
  • 129 current Short Sale listings
  • 104 current Pending listings
  • 99 of 179 sales were in the 95670 zip code
  • 80 of 179 sales were in the 95742 zip code (Anatolia)
  • Overall 2009 Median Sales Price for 95670:  $165,000
  • Overall 2009 Median Sales Price for 95742:  $290,000
  • Low Sales Price in 95670 in 2009:  $75,000
  • High Sales Price in 95670 in 2009:  $420,000
  • Low Sales Price in 95742 in 2009:  $220,000
  • High Sales Price in 95742 in 2009:  $510,000

Property Taxes in Rancho Cordova (and Surrounding Counties):

While on the subject of Rancho Cordova, I wanted to say a few words on property taxes. When looking at my blog stats and what keywords people are typing in to get here, it is clear that property taxes are on the minds of fellow Cordovans as well as many locals in surrounding counties. There are quite a few people finding this blog by searching for things like “How to Lower Property Taxes in Rancho Cordova”, “City Taxes in Rancho Cordova”, “Stockton Property Taxes”, or “Placer County Property Taxes” (etc…) 

I hope the following information proves to be helpful:

1.Our local cities (including Rancho Cordova) do not collect property taxes. Property taxes are handled through the local Assessor’s Office (for Rancho Cordova, that would be the Sacramento County Assessor’s Office).

2. The Sacramento County Assessor’s Office has not yet released their assessed values for 2009. Their assessed values will be based upon January 1, 2009. You should receive a letter in the mail if they determined that your property taxes have decreased based upon a decline in value last year.

3. When the Assessor’s Office releases their assessment of your property in hopefully May 2009, you can follow a specific set of steps to contest the level of your property taxes if you disagree with their opinion (this process is the same for anyone in Sacramento County or for that matter, anyone in surrounding counties. The exact dates for appealing taxes may differ, so you can check with your local Assessor with specific dates).

4. Read an article I wrote called “The Skinny on Lowering Property Taxes” that gives you the gist of what you need to do to contest your property taxes. I would be glad to help you with this process also. Please see www.SacramentoTaxAppeals.com for further information.

Local Assessor’s Offices in Surrounding Counties:

  • Sacramento County Assessor’s Website
  • Placer County Assessor’s Website
  • Yolo County Assessor’s Website
  • El Dorado County Assessor’s Website
  • San Joaquin County Assessor’s Website
  • Stanislaus County Assessor’s Website
  • Merced County Assessor’s Website
  • Sutter County Assessor’s Website
  • Yuba County Assessor’s Website
  • Solano County Assessor’s Website

    •  

    Let me know if you have any questions. I am glad to talk you through the process of appealing your property taxes in Rancho Cordova (or elsewhere) and help you understand what you need to do. Even if you are in a surrounding county that I also serve (Placer, Yolo, El Dorado, San Joaquin….), feel free to give me a call at 916-595-3735. Just last week I spoke with two property owners who found me through this blog and I was able to shed light on what they need to do for 2009 property taxes and also what they could have done in 2008.  

    http://www.lundquistcompany.com/blog  Rancho Cordova Real Estate Market Trends in 2009 / Property Taxes in Rancho Cordova

    • Share/Bookmark

    If you enjoyed this post, make sure you subscribe to my RSS feed!

    Tags: , , , , , , , , , , , , , , , , , , , , , , ,

    Lower Your Property Taxes / 10 Assessor Websites (Sacramento Region)

    March 3, 2009 in Sacramento, Tax Appeal | No comments

    Many local residents are wondering if they’ll need to contest their property taxes this year. Will the assessed value from the Sacramento Assessor be accurate? Will it take into consideration the substantial decline in last year’s market? Hopefully so.

    appraisalpichousebigger1Each local county has specific steps for home owners to follow to contest their property taxes if the owner feels the Assessor did not get it right. There are basically four steps to follow to appeal your property taxes as I have outlined in an article I wrote, “The Skinny on Lowering Property Taxes.” During this process the home owner is asked by the local Assessor’s Office to offer evidence for a lower opinion of value than what the Assessor came up with, but since not all home owners can provide that themselves, property owners sometimes need to hire a credible and local specialist to help provide solid and convincing evidence for the true value of their property. As a licensed and experienced real estate appraiser based in Sacramento, part of the supporting evidence I offer for home owners includes graphs of market trends, standing before the appeals board on your behalf, charts, convincing data and analysis, the best available comparable properties, and among other things, other properties that are not comparable but may have been used to support the Assessor’s value.

    For your reference and in case you own rental properties in other counties, here is a list of Assessor websites for 10 Counties in the Greater Sacramento Region, Central Valley, & Bay Area:

    As a Sacramento-based real estate appraiser, I may be able to help you in this process. Please let me know if I can be of any assistance. You can reach me at 916-595-3735. 

    http://www.lundquistcompany.com/blog Lowering Your Property Taxes (Greater Sacramento Region)

    • Share/Bookmark

    If you enjoyed this post, make sure you subscribe to my RSS feed!

    Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

    The Skinny on Lowering Property Taxes (Sacramento Region)

    February 20, 2009 in Property Taxes, Resources, Sacramento, Tax Appeal | No comments

    Have you received a letter? My household has been mailed two so far claiming that XYZ Company will help me lower my property taxes if I send themhouse some money. Fellow residents, may I offer some advice? If you feel that the Assessor’s Office did not get your home value right, then don’t waste your money on out-of-area companies like this? If you need to contest your property tax levels, use a local specialist who knows your neighborhood very well and can personally talk you through the entire property tax appeal process.

     

    Here is what you need to do:

    1. First off, wait to see what the Sacramento County Assessor’s Office says your home is worth. They should have this data available around May 2009 (hopefully). Figures for 2009 property taxes aren’t even out yet, so be leery of companies that promise to be able to “lower your taxes” if they don’t even know what your home is assessed at?

     

    2. If you are not satisfied with your property tax assessment, you can contact the Assessor’s Office and fill out a “Decline-in-Value Reassessment Application” between July 2, 2009 and November 30, 2009 (NOTE: Some other local counties besides Sacramento have a filing date of September 15, 2009). Basically, the application asks you to provide two similar properties that sold in 2009 between January 1 and March 31. Honestly though, this step is not an appeal and the best use of your time is to go straight to step 3. If you do want to do this step and you are unable to provide the needed information, I am capable of doing so for a very reasonable fee.

     

    3. You can file an “Application for Changed Assessment” with the Assessment Appeals Board by November 30, 2009 for Sacramento County. This application basically asks you to provide evidence for your opinion of value. If you can supply this evidence through your own knowledge and research, that’s great. If not, this is where we can work together. As a local and reputable licensed real estate appraiser in the Sacramento area, I can act as a consultant on your behalf and provide detailed evidence of the true value of your property. With my detailed knowledge of how the appeals system works and what they look at to justify lowering property values, I can be a crucial asset for your property tax situation.

     

    4. Don’t wait until the end of November to do Step 3. Make sure you have enough time to get your appeal in (or I can do that for you). After the November 30 deadline for Sacramento County, there is nothing more you can do to contest your property taxes if you miss the deadline.

     

    Please contact me with any questions at 916-595-3735. I look forward to helping you understand the tax appeal process and working together if it is relevant for your needs.

     

    http://www.lundquistcompany.com/blog The Skinny on Lowering Property Taxes (Sacramento Region) 

     

     

    • Share/Bookmark

    If you enjoyed this post, make sure you subscribe to my RSS feed!

    Tags: , , , , , , , , , , , , , , ,