MCAR / County Assessor Reassessment Overview & Scams PSA
The Monterey County Assessors Office, in conjunction with MCAR, put together a Public Service Announcement which highlights the overall taxation process in California and more specifically, the reassessment process in Monterey County.
Recently, homeowners throughout the state began receiving notices from companies that stated they were paying too much in property tax and that for a flat fee (~$175.00) a reassessment of the properties current value would be undertaken resulting in a lower property tax bill. While at first blush this might seem like a bargain, this very service is available to the public free of charge from the County Tax Assessors Office. The video is approximately 15 minutes in length and is a great resource for those who have questions on how this process works.
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Great information, not only for consumers, but agents alike. I am glad MCAR is moving in this direction.