folks, if you have real estate in the california, you can claim reduction in property taxes due to the decline in home values. check out the county assessor’s office of santa clara.
they even have a neat PPT showing exactly what this is about, and an online form to apply – very helpful government, all done in 30 min. may be i will start to reverse my opinion of government agencies!
Deadline is August, but apply early while the values are still down.
How to Reduce your Property Taxes in California