It’s tax time, and your property tax bill is one of many.  Because the market went down, your taxes can go down, too.  To see if you are eligible, do a few simple things: 

1.  Contact the Orange County tax assessors office at 714.834.5400. 

2.  Let them know you purchased before 2006, and you are requesting to have your bill reviewed, for this year. REMEMBER, if you want THIS year’s bill reduced you MUST CALL BEFORE APRIL 1st. http://www.oc.ca.gov/assessor/pdf/RequestForInformalAssessmentReview%203-08.pdf

3.  The assessor will initiate a re-assesment of your property, and hopefully lower your taxes – saving you potentially thousands of dollars!  

There are some circumstances in which this can not be done, however if you think your taxes on your property are too high, then you are probably right.  Its worth giving it a try – you can comment on how it works out! 

By going to the following link and filling out the form, you can start working on reducing next year’s bill right now.