In the next few weeks, the Pima County Assessor's Office will send out nearly 50,000 homeowner notices. Often, Tucson homeowners will get little postcards, or envelopes from the assessor's office and, well, throw them away for many reason - mostly because many do not want to see how much their taxes have gone up!
But this time, you might want to open up the letter if you receive one and here are $200.00 reasons why - it will cost you $200 if you do not open the letter, and most importantly, respond. (Investors or owners of multiple properties take special note!)
Under a new state law, homeowners are required to designate their property, or which property is their main or primary residence. If you do not respond you could lose your tax credits for your primary homes. And the average homeowner in Tucson received roughly a $200 credit per year.
The target market of the letters will be homeowners with multiple properties or those using an alternate address (other than a post office box) that is not the property address on record, i.e., in a different state, different street address, etc.
Here is the bonus - the Assessor's Office will give you three chances to respond - in this order:
1) The Assessor’s Office will send the mailing to homeowners twice.
2) If there is no response, a third letter will be sent notifying them that their property has been reclassified.
Are Tucson residents complying? Well, according to the office, more than 3,400 properties have been reclassified for failure to respond, according to the county and have lost their tax credit.
Buying or selling Tucson real estate, Mt Lemmon, Tucson bank-owned homes, Tucson rental homes, or Tucson lease option homes? Visit www.KGCPropertiesLLC.com .
This blog is written with my opinions and my opinions are presented with accuracy but not guarantees. Please talk to a professional before making any real estate, financial or agency decisions. Gabrielle Kamahele Rhind - 2014. If you want to reprint parts of this - just email me for my permission: KGCProperties@gmail.com .