Coastal Real Estate Group | is there a way to reset the base year value for a home in california that has decreased in value

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Over 30 years of real estate experience in the greater Newport Beach area-Search Newport homes for sale: Coastal Real Estate Group is your source for all things real estate in the Newport Beach area including Huntington Beach, Coastal Mesa and the rest of Orange County, CA

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Coastal Real Estate Group | is there a way to reset the base year value for a home in california that has decreased in value

  1. 1. Is there a way to reset the base year value for a home in California that has decreased in value? The simple answer to this is no. The definition of "base year value" is the property's full cash value as of the date of that last change in ownership. So there is no way for you to reset the value back to that value. There is however a process to appeal the assessors value of your home. Each tax assessor is different but here in Orange County California you go to the assessors website download the form fill in the reasons why you think your value is less then what they have the home assessed for and include a copy of an appraisal for your property. At that point your application will be reviewed and its in the hands of the tax assessor for your county. For more information on tax assessments in Newport Beach please contact one of our knowledgeable Newport Beach Realtors today! Posted at 06/21/2013 04:39 PM by David Feldberg

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