Q: Do I need to attend the hearing?

A: No. Our services are all inclusive for the appeal(s). We will attend all hearings on your behalf and handle all communication with the County.

Q: What do I do if I receive correspondence or requests for information from the County authorities?

A: As your authorized agent, all correspondence and communication should be directed to Ironstone. Nonetheless, should you receive documentation or any communications from the County, please contact us or forward this information to us immediately. Do not respond directly to the County, as doing so may adversely affect the outcome of your appeal.

Q: How will I receive my savings?

A: When Ironstone is successful in reducing your assessment you will realize the tax savings in one of two possible ways, depending on when the case is settled. A) If you have not yet paid your property taxes in full for the year in question, the County will issue a “corrected tax bill” to you reflecting the lowered assessment and the consequential lower property tax payment; B) If you have paid your taxes in full for the year in question, the County will issue a “property tax refund” to you for the overpayment in taxes.

Q: When do I pay Ironstone?

A: Ironstone will forward to you a copy of the County documentation confirming the reduction of your assessment(s). At this time, Ironstone will send an invoice showing the breakdown of the results of your appeal.

Q: Will I have to file an appeal each year?

A: California State Proposition 8 provides a taxpayer with the opportunity to seek a one-year temporary reduction based on the economic conditions of the subject property and general market decline. Once a property assessment has been reduced, the Assessor may, at his/her discretion enroll that lower value for subsequent years or may place the property on the roll at the previous higher value. We will review the assessed value annually in the event further appeals are necessary.

Q: Will an assessment reduction impact unfavorably on my property’s sales potential?

A: In California under Prop-13 the assessed value has no relationship to its market value except when its initially acquired, then under Prop 13 it can only increase 2% annually.  Depending on market conditions its market value might increase 5% or more yearly. Under a Prop 8 appeal it is only for one year, (temporary) usually during times of a declining market.

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