Medicare Cost
Reducing The Cost
California is relatively a high-tax State, and so are property values; so, a small change to your property assessment values could lead to a significant property tax savings. Ac-cording to Mortgage Calculator nationwide, there is possibly more than $48.45 billion in excess property taxes paid. Can you get a cut of this excess property taxes paid and save?
According to Realtor.com, about 40.5 percent of properties in the U.S. may be over as-sessed. You could save over $539 per year – that is a 15 percent reduction on your property tax! The average homeowner shelled out $4,062 in property taxes each year, but more in places like New Jersey, Illinois, Connecticut, New York and Nebraska.
Your best option at a break on your property tax if all relevant exemptions are in place is to protest your Home Assessment value. You can lower your assessed value to market value multiplied by your County’s average assessed-to-market value ratio with each property’s effective tax rate.
You could save over $539 per year – that is a 15 percent reduction!