My buddy Dan didn’t quite get how they work so I had to do a little explaining’ on why this Prop A thing we did way back yonder is actually a good thing.
Now, I’ve got a question for the three of you that read this blog: I bought my house in Dec. 2006. I haven’t done much of anything to improve the value of it over the last two years. I think it’s a pretty safe bet that my home’s lost value and my property taxes should be decreasing. Unfortunately the township considers my house to be worth every penny I paid for it in 2006. Don’t get me wrong, if it actually is I’ll be ecstatic, but I doubt that’s the case and don’t want to pay any more in property taxes than I have to.
What kind of documentation do I need for this? Would an appraisal do it?