Property owner bought a property in foreclosure. The Assessor’s office enrolled an assessed value about 35% higher than the purchase price. A different tax agency was hired and they filed Proposition 8, decline-in-value appeals to maximize their profits. CRE Tax Appeal contacted the owner to advise them to file a Base Year appeal to challenge the Assessor’s office determination of value at 35% more than what was paid for the property owner. Once property owner understood that a Base Year appeal would permanently resolve the over-taxation and that they would only pay CRE Tax Appeal once for a lifetime of savings, they fired their former agent and hired CRE Tax Appeal. We resolved the Base Year appeal for the owner saving $20,000 annually.
Former agent not helping owner, CRE Tax Appeal fixes situation & saves owner $20,000 each year
$20,000
Property owner
Resolve of over-taxation