THE BLOG DEVOTED TO FAIR PROPERTY TAXES FOR HOMEOWNERS

Monday, August 4, 2008

SAN DIEGO COUNTY ASSESSOR THROWS HOMEOWNERS A BONE OR WAS IT A FAKE THROW TO SEE THEIR HEAD MOVE!

How nice, the assessor of San Diego County gives an average of a 14% reduction to about half of the eligible homeowners.

The S&P/Case Shiller Composite Home Price Indices reports home prices in the San Diego region dropped 23.2% during the May 2007 to May 2008 period, There were approximately 145,000 homes that changed hands in San Diego County since July 2003. Considering there were substantial decreases property values before last year and number of potentially eligible homeowners is almost double than that announced by the assessor. Is this relief pretense?

It seems the assessor is working over time to make sure taxpayers are asleep between now and the end of San Diego County’s property tax appeal filing dead line which is September 15th. The only way any homeowner is going to get a fair assessment is to get comparables, check it against their assessment and file an appeal.
Did the assessor really throw the tax payers a bone or did he fake throw it to make their heads move?
See San Diego Union-Tribune
See Case-Shiller Composite Home Price Index

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