Many that bought homes several years ago in the peak of the market should expect some real estate tax refund or a credit to be applied toward your next fiscal tax year.
Download the “Decline in Value Reassessments” form at:
http://www.assessor.saccounty.net/coswcms/groups/public/@wcm/@pub/@asr/@inter/documents/webcontent/sac_018985.pdf
You can also check out the new 2009-2010 assessed values for you properties with the County of Sacramento
http://www.assessor.saccounty.net/SacramentoCountyParcelsReducedPerProp8DeclineinMarketValue/default.htm
You may need some assistance in determining the value of your property. Give me a call and I can help.
Sacramento Real Estate Reflections 