Los Angeles and Orange County Real Estate Agent & REO specialist

by OrangeCountyRealEstateDeals.com | March 30, 2010 | on Orange County REO's & Bank Houses | 2 comments

Specialize in REO, foreclosures, bank owned propertie. Service Southern California Real Estate - Los Angeles County, Orange County, San Bernardino County, and Riverside County Cerritos w La Palma w Artesia w Lakewood w Cypress w Norwalk w Bellflower w Buena Park w Downey w Long Beach w Whittier w Huntington Beachw Huntington Harbor w Los Alamitosw Rossmoor w Seal Beach w Santa Fe Spring w South Gate w Anaheim w Anaheim Hills w La Mirada w Yorba Linda w Fullerton w Brea w Orange w Tustin w Irvi

If I buy a house for lower than its current assessed tax value, can I have the tax re-evaluated (decreased)?

by OrangeCountyRealEstateDeals.com | | on Orange County REO's & Bank Houses | no comments

I live in Orange County, CA. I am purchasing a foreclosed bank-owned (REO) property. The purchase price will be substantially less than the current assessed tax value. Will I be required to pay tax based on the current assessed value or the purchase price...or a different value altogether?

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