Do You Qualify for an Property Tax Reduction? San Francisco, CA

"As our economy continues to recover and the San Francisco housing market follows suit, many home owners have had success with reducing their San Francisco Property Taxes.  "How?", you may ask, given property taxes are based on the last sales price of the property and are rarely adjusted by the city?  Here's a quick and dirty explanation: If you own a home and it's your primary residence, you may apply for a $7,000 exemption from your assessed value.  New property owners will receive an … [Read more...]