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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: David Jones who wrote (13603)	9/10/2003 5:51:55 PM
From: deeno	Read Replies (4) \| Respond to of 306849

Believe it or not I know personally a dozen people that have argued for lower assesments and won (or at least told me they did). As a matter of fact I found that departmnent to be quite reasonable. I did some additions that reassesed my property $250,000 about 10 years ago. I complained that it only cost me about $80,000. I presented my signed contract for that amount and within 6 months (with alot of prodding however) my assessment was reduced. In fact when I was complaining that it was taking to long I found out that outstanding complaints would automatically end up in court somewhere and that somehow these employees were judged on their ability to have low complaint to court ratios. They were VERY interested in keeping me out of the system.

To: David Jones who wrote (13603)	9/10/2003 7:17:43 PM
From: Lozanov	Read Replies (1) \| Respond to of 306849

Orange County Judge ruled in favor of the taxpayer that the recapturing is illegal. The OC has appealed the ruling in the Court of Appeals. The attorney representing the taxpayers were successful is certifying this case as a class action. The hearing is scheduled for December 16, 2003. We are a small firm fighting the unconstitutional increase of more than 2 percent from prior year. All 58 counties in CA has ganged up and has hired high powered lobbiest and attornies to fight this. The current estimates is $8.9 billion collected in illegal taxes. As the time goes by the amount will increase. This is a 1998 case and it moves very slowly but you can get the details and update at the following link propertytaxrefunds.biz The website has posted the law (under what would you decide) and Judge Watson ruling. You read the law and decide for yourself what the law says in plain english. The key phrase is year to year. It does not say from what year. The assessors are interpreting the phrase year to year as adjusting 2% from the base year to current year. OC Superior Court and we are interpreting year to year as 2% from any given year to next consecutive year. No reading between the lines and guessing what the voters meant. Few days ago I posted message number 13521 on this thread that shows the government is not hurting due to prop 13. I hope this help. I would not be able to provide you with any additional data then what I said here or is on the links provided. I would like to know your or any other members opinion of what they think the law reads.