Property taxes: Still Rising in San Francisco

If you missed the deadline this year to get your property reassessed then mark it for next year. Home values are down and will probably continue to decline through next.

Here is the Catch

House property taxes are rising in the face of declining values. County assessor Ting explains it this way. Prop 13 limited the ability of the city to raise property taxes. This limit is so severe that even though homes have declined in value, they are still above the assessed value of many homes.

Ask for a Review

If you find yourself in a situation where your homes taxes are rising, even though the value has dropped, have your house reassessed. Go to sfgov.org/assessor and fill out the request for a reassessment. fax it to 415-664-7915.

Thanks for Reading
Howard Bell
www.yourpropertypath.com
A web site of over 450 articles related to real estate focused primarily on property management.

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