Thursday, November 6, 2008

Warning!!!! Don't Be Fooled

Scam Alert – No Fee Necessary for Value Reduction

Various private companies are sending mailings to property owners offering their services to pursue a reduction in their property taxes. These companies may charge hundreds of dollars to file for a reduction in value on behalf of the property owner. We are aware of a company in California charging $171 for its services, even imposing a $67 late fee if the application is received late. Be aware that solicitations from private companies offering to pursue a reduction in property taxes must clearly indicate that they are NOT a government agency and that their services are NOT approved or endorsed by any government agency. Failure to provide such notice is a violation of California law. If you or someone you know receives an illegal solicitation, please contact the Los Angeles County Department of Consumer Affairs by phone at (800) 973-3370 or visit their website.

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San Fernando Valley Real Estate

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