Apr 1st	My Home has Declined in Value…Can My Property Taxes be Lowered as Well?
2008	Categories: Market Statistics / Updates

With the decline in the Real Estate market here in the Santa Barbara area and thus the value of our homes in the last several years, I have been asked several times about the possibility of having property taxes reduced.  For those who bought at the peak of the market or close to it, I would definitely contact the Tax Assessors office about your situation.  Most likely there is a good chance you can have your property taxes reassessed. 2 Easy Steps to Take: 1) Contact your Realtor and ask them to send you a list of comparable properties that have sold around your home... Read more

Tags: home decline in value, real estate market decline, reduce property taxes, santa barbara property taxes

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