Comments on: Are You Being Over Taxed? Proposition 8 Protects Homeowners

By: Moe Bedard

Moe Bedard — Fri, 16 May 2008 14:31:04 +0000

great info everyone.

this issue needs to be addressed and fast!

By: colahhh08

colahhh08 — Wed, 14 May 2008 23:19:43 +0000

FYI
Looks like San Bernardino is requiring you to submit application for consideration. http://www.sbcounty.gov/assessor/Decline.asp

By: Federal Loan Modification » Blog Archive » Worse Than a Pimp on a Corner. I Haven’t Even Pulled My Pants Up & Their Looking to F**K Me Again

Wed, 14 May 2008 22:03:33 +0000

[...] Are You Being Over Taxed? Proposition 8 Protects Homeowners [...]

By: colahhh08

colahhh08 — Wed, 14 May 2008 21:06:46 +0000

James Lewis,

Go to http://www.loansafe.org you may be able to get some of your questions answered there.

Craig

By: colahhh08

colahhh08 — Wed, 14 May 2008 21:05:50 +0000

Los Angeles county is voluntarily doing this also. From website:
“Typically, an application is required to initiate a review of your property’s value by the Assessor. However, in 2008 the Los Angeles County Assessor’s Office will be proactive in reviewing those single-family homes and condominiums that were purchased between July 1, 2004 and June 30, 2007. We will look at sales of comparable properties that sold near the lien date, January 1, 2008. If the market value is less than the assessed value indicated on your 2007-08 tax bill, the assessed value will be reduced accordingly. An application will not be necessary.”

Beware of scammers out there who say they will work with the county for you for a fee of course.
Also from http://www.lacountypropertytax.com:
“We are aware of at least one private company that did a mass mailing to property owners offering their services to pursue a reduction in their property taxes. Specifically, they are seeking to file an assessment appeal on the property owner’s behalf. While there is no initial fee charged for the filing of an appeal, if a reduction is granted, this particular company will receive 45% of the amount of the tax savings for the next two years. We expect other private companies to offer similar services for a fee or a percentage of any tax savings.

Solicitations of this type may not be illegal, but property owners should be aware that the Assessor’s Office provides a simple filing process for a reduction in their property taxes at no charge.”

By: Federal Loan Modification » Blog Archive » Are You Being Over Taxed? Proposition 8 Protects Homeowners

Wed, 14 May 2008 20:53:54 +0000

[...] Are You Being Over Taxed? Proposition 8 Protects Homeowners [...]

By: James Lewis

James Lewis — Wed, 14 May 2008 18:52:57 +0000

To Whom This May be able to help,

I have recently submitted an reassesed form/statement to the county of San Bernardino, in waiting for an answer, I was wondering would I be entitled to a refund for back taxes paid when property values have been dropping for a least a year? I’ve purchased my home in 2005 and got into one of those interest only loans, which I was able to have fixed at the same intest rate as the interest only. Sounds good but since we were behind in property taxes, this company paid the back taxes and tack it on our monthly note at a rate of $2000 more a month. So I ask to extend payment from 1 year to 3 years, but this only lower the rate by $1000 dollars. As I calulated this at one thousand dollars a month for 3 years comes out to about thiry six thousands for a twelve thousand dollar repay. Now the mortgage company has sold my loan to another company which is (just the last one) service provider not a lending company, but I know a lending company must hold the deed. How do I find the lending company to modify this loan? Please e-mail me if you can help and/or if you want to know the service company. Sign, Please HELP James