Property owner hired CRE Tax Appeal within three weeks of hearing

22% assessment reduction to the fair market value

Property owner

San Diego property owner was having difficulty getting his property’s assessment reduced by 22% to Fair Market Value. Property owner assigned CRE Tax Appeal to handle his appeal three weeks before his scheduled hearing. Within two days, CRE Tax Appeal finalized the property’s valuation and opened negotiations with the County Assessor for a 22% reduction of the assessed value. The County Assessor was not open to reducing the assessment despite market data that showed the assessment was too high and insisted upon inspecting the property. CRE Tax Appeal coordinated the inspection of the property with the County Assessor and the property owner. CRE Tax Appeal also inspected the owner’s property and all of the comparable sales in the local market. On the day of the hearing, the valuation was presented to the Assessment Appeals Board with supporting data, documentation, case law, and legal arguments. Result: property owner got a 22% assessment reduction to the fair market value. Property owner received 100% of the reduction requested and is 100% satisfied.