Marin County Property Tax Assessor Slammed with Reassessment Requests

Last year I blogged about how Marin County California Homeowners could request a property tax reassessment in Marin if the value of their home decreased from it's assessed value.     With the recent decline in home values across the country (as well as throughout certain areas of Marin), there has been a dramatic upswing in the number of Bay Area homeowners who have formally petitioned for a reassessment of their property's value.

According to a report in today's Marin Independent Journal Newspaper, the county expect as many as 8% of all Marin homeowners to file a reassessment request before the end of the county's fiscal year (June).    Because of this surge in demand, the county is having a difficult time finding an adequate number of appraisers to assist with these requests.

Marin Property Tax Reassessment Requests - Get Your Request in Now!

If you feel the assessed value of your home is higher than its current market value, its critical that you submit your reassessment request as quickly as possible. 

Truth-be-told, only a small fraction of owners will qualify; however if you purchased a home in Marin County within the last 2 years while the market was at its peak, you may benefit from making a formal and timely reassessment request.   This is especially true if you purchased a condominium or home in Novato since condos and properties in Northern Marin  / Novato appear to have experienced the most significant drop in value. 

Good luck and get those requests in quickly!   If I can assist you in anyway with your Marin County real estate needs, please drop me a line at 415-342-4537/

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