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Lender rating
Since January 2009
County will reassess automatically, you don't have to do anything. Base rate will be 1% of purchase price, plus special assessments.
It can take 4-6 months so be patient. You will get a pro-rated refund of any extra tax you pay. You might have to pay one or two installments at the prior owner rate, but the excess will come back eventually to you.
You should make sure to file homeowner exemption, you will get a form in the mail soon if you haven't received it already.
Since August 2009
Congrats on your new purchase, by how much is the value different? Im local to you, in Corona...
Since August 2009
You can definately request a re-assesment - different counties and cities work differently so I'm not sure what the procedures are in CA, but I would contact the accessors office to inquire... Good luck - Hope this helps!
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Recently purchased home lower than taxed value
CaliGuyLookingToBuy
Contributions: 68
Zillow All-Star
Since August 2009
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