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How does one go about applying for reduced property tax due to decline in home value?

April 26, 2017ca decline home value property taxes reduced san marcos

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How does one go about applying for reduced property tax due to decline in home value?

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Usually, you can download a form from your county assessor’s website which will allow you to apply for reduced property taxes. This form will have requirements, which will include comparables sales in your neighborhood. But be aware, that you may have to meet a deadline to get the taxes reduced in time before paying your next installment. Best wishes!