If you have purchased a property in Orange County ( or elsewhere in California, for that matter.) over the past year or two, there's a chance that the "softening" or decline of values for O.C. properties is affecting you. Perhaps you've already discovered, but there is an appeal process that you can use, to try to lower your property taxes.

Actually there are two different processes, and the deadline for one, has just been extended and is fast approaching - April 30th. ( Sorry, I just got the news this morning.) If you file an appeal by that date, you can get a jump on appealing your next year's tax bill, which starts on July 1, 2008. I think it is called an informal review.  Here is a link to the Orange County Assessor's website, and his appeal form, along with instructions:

http://assessmentappeals.ocgov.com/aa/userregistration.jsp ( the page has links for other areas of California.)

I believe that it's a fairly simple process that includes getting a few nearby comparable sales figures - something that I can assist with.

In case that deadline is happening too soon, don't fret.  You can also begin an appeal from July 2nd, through September 15th, 2008. ( The same link can be used for that window of time, as well.)  All these dates are for appealing your 2008-2009 tax bill which covers the period from July 1st, through June 30th, each year.

I'm sorry to say that it is my understanding - meaning I could be incorrect - that you cannot go back to appeal previous years, such as the 2007-2008 tax year.  Also, if you purchased your California property before 2005, your assessed value may be too low to warrant an appeal - but it sure wouldn't hurt to check out.

Let me know if I can be of any assistance, to you, or someone you know, who might want help with nearby comparable sales figures.

Bob Phillips, Altera Real Estate, Serving South Orange County Since 1976!
Direct phone: 949-643-2100,  Email: agent.BobPhillips@cox.net  Website: http://BobPhillips.net