For Many Seniors in Los Osos, Less Than 20% Equity Means No Sewer Tax Help.

The Property Tax Postponement Program allows eligible homeowners to postpone payment of part or all of the property taxes on their residence. To participate in this program, the homeowner must complete the claim form and submit it to the State Controller's Office. A claim form must be filed each year the individual desires to have their property taxes postponed. Upon approval of the claim, the State Controller's Office will mail Certificates of Eligibility to the homeowner. The homeowner must mail or take the Certificates of Eligibility to the county tax collector's office to postpone the property taxes due.

OUCH! NO EQUITY MEANS NO POSTPONEMENT!
SEE EQUITY REQUIREMENTS FROM THE STATE WEBSITE BELOW.

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UNDERWATER PROPERTIES WON'T GET THE BREAK.