Wednesday, October 24, 2018 / by Tim Minjares
IF YOU BELIEVE YOUR CURRENT MARKET VALUE HAS DECREASED BELOW YOUR CURRENT TAX ASSESSED VALUE, YOU MAY BENEFIT FROM PROP 8: A temporary reduction in assessed value can be made when the market value falls below the assessed value. You must file an "Application for Review of Assessment" with the Assessor’s Office no later than May 30, 2009.
Numerous private businesses and individuals are currently mailing solicitations to property owners offering their assistance in this process FOR A FEE. While property owners are certainly at liberty to use these private companies, they can apply for this reduction themselves at absolutely no cost by simply filing the application with the Assessor’s Office by May 30th.
The JONVILLE TEAM provides you with comparatives at no charge, complimentary to our community!
From the Assessor's website: Q: Can the assessed value of my property be decreased? A: Yes. The assessed value of proper ...