Riverside Property Tax Appeal
Riverside is one of the counties in California that is greatly over assessed. Ever since the real estate “crash” in 2006-2007 real estate prices have fallen considerably.We have noticed in many situations values have not yet recovered to pre-2006 values.
This creates an opportunity for Riverside Property Tax Appeal for property owners in Riverside County.
To file your tax appeal just give Paramount Property Tax Appeal a call and they can walk you through the entire process.
According to Riverside County Appeal website, the filing season is from July 2 through November 30 each year. The year that you are filing is for the current year.
So in other words you will file a 2014 tax appeal between July 2 and November 30. Unfortunately the appeals process takes about 2 years to complete. You are always filing for a refund as well. You are required to pay your taxes normally during the appeals process.
Once your appeal is successful the county will issue you are refund amount for the difference between what you have paid and what you now owe, according the “appeal” that was just won.
When determining value, it’s important to consider that the county will only take into consideration certain information. What properties are listed for is NOT a consideration.
You must only use certain information within a certain time period for comparison purposes. Paramount Property Tax Appeal would be more than happy to answer any questions you have about the process.
There are more rare property tax appeals as well.
A “base year” appeal is an appeal when you want to appeal the purchase price of a property. In certain circumstances the price paid for a property is more than market value. In these cases an appeal can be filed. There are time limits on when you can file a base year appeal
A “supplemental” appeal would be for appeal a situation in which the assessor sent a “supplemental” bill. Usually a supplemental bill would come in the case of new construction, or reassessment for some other purpose. There are time limits on when you can file a supplement appeal.
Paramount Property Tax Appeal can help you determine if it is in your best interest to file an appeal for any of these cases.