The articles discuss that because the market value of our properties have declined, there should also be a cut in our property taxes. You can fill out the Application for Decline in Value Review from the Ventura County Assessor and send it in for FREE! Opting not to send in the application has no penalty. It’s dumb not to, but there is no recourse.
There are some scammers out there who will send you a very legitimate looking notice in the mail claiming that you MUST submit the application and doing it through them is the only viable method. Then they slap on a $150 – $200 fee for doing the work. The work that takes all of one minute to fill out the form and send it in.
Please be on the look out for these scammers! More information can be found at the Ventura County Assessor’s Website