Category Archives: Property taxes

California Property Taxes and Proposition 13

Property tax law in California is set forth in the state constitution.  Determination of property taxes is based around Proposition 13, a 1978 voter initiative that took the power of setting the property tax rates away from state legislators.

Posted in California property values, OC property value guide, Property taxes | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on California Property Taxes and Proposition 13

Get Correct Value Information for your California Property Tax Assessment Appeals

Most Orange County CA homeowners paid their property tax installment due as of December 12, 2011. Some people are not happy with their current property assessed values, because distressed homes on the market selling and foreclosures have driven market value down.  Current market … Continue reading

Posted in Property taxes | Tagged , , , , , , , , , , , , , , , | Comments Off on Get Correct Value Information for your California Property Tax Assessment Appeals

Property Tax Tips for New Owners at Orange County CA Real Estate

The Orange County CA Assessor updated its published general information for new home owners at Orange County, California. By law, California real estate is valued each year as of January 1 (lien date) for property tax purposes. Property taxes are assessed … Continue reading

Posted in OC property value guide, Property taxes | Tagged , , , , , , , , , | Comments Off on Property Tax Tips for New Owners at Orange County CA Real Estate

How to Protect and Transfer Your Property Tax Basis for Residence at Orange County ~ CA Proposition 60

  A friend asked yesterday whether he could buy a house in Orange County first and later sell his prior house in Orange County while taking advantage of California Proposition 60 on transfer of property tax basis. Answer is “YES” if you follow all … Continue reading

Posted in OC property value guide, Orange County home values, Orange County real estate, Private property rights, Property taxes, REALTOR® | Tagged , , , , , , , , , , , , , , , , | Comments Off on How to Protect and Transfer Your Property Tax Basis for Residence at Orange County ~ CA Proposition 60