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In early 2003 I applied with the Los Angeles County Assessor’s Office as one of 900 applicants for 25 positions to be a Real Estate Appraiser Trainee. As a trainee I went through an 18 month probation period and a 12 month training with them which included classroom education, numerous exams, field training in all parts of real estate appraisal, property tax law and the systems in place within the Assessor’s Office. Had I failed any one of my series of exams or gotten a bad review by my field trainer they would have booted me out.

Are you a California homeowner who is suffering from the downward rollercoaster ride? Did you enjoy the ride up the hill or did you enter at the peak of the housing market bubble? Everyone loves the ride up but hate the free-fall down. Luckily, there is a small silver lining in this current housing mess. Homeowners can benefit from a decrease in their property value by capitalizing on a unique opportunity to reduce property taxes.