Mary Cummins, Real Estate Appraiser, Animal Advocates, Los Angeles, California

Mary Cummins, Real Estate Appraiser, Animal Advocates, Los Angeles, California
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Showing posts with label jeff prang. Show all posts
Showing posts with label jeff prang. Show all posts

Friday, November 1, 2024

Assessor Jeff Prang Speaks at Appraisal Institute Women's Initiative Committee November 1, 2024 by Mary Cummins Real Estate Appraiser

jeff prang, los angeles county, assessor, property, real estate, mary cummins, california, appraisal institute, boe, board equalization, brea, real estate appraiser, appraisal
jeff prang, los angeles county, assessor, property, real estate, mary cummins, california, appraisal institute, boe, board equalization, brea, real estate appraiser, appraisal

Speaker: Los Angeles County Assessor Jeff Prang   

Date: November 1, 2024 via ZOOM

Great presentation by Jeff Prang the head of the  Los Angeles County Assessor's Office. The slides below show his presentation. There were some good questions after his presentation.

Questions (These aren't complete.)

1. How are property tax assessment appeals processed?

He explained the process which is outlined in the assessor website. He said their backlog was 40,000 cases when he took over the department. It's down to 20,000. One issue is there are appeal agent who contact new home buyers and state they paid too much for the property. They offer to appeal the tax basis to reduce property taxes for a % of the reduction. These appraisers, attorneys file 50% of the cases a year or about 5,000 cases. They don't proceed with most cases filed. There is now a $47 application fee to reduce these frivolous appeals.

2. What is the cause of appraiser attrition in your office?

Retirement, Covid and high cost of living in Los Angeles. 

3. Are the assessor appraisers licensed by BREA?

No, they are approved by BOE, Board of Equalization. 

4. How do you know the current size of properties?

Building and Safety sends over the permits for additions.

5. What do you need to be an assessor appraiser?

Four year college degree but it can be waived if you pass the test.

6. How did Prop 19 affect your office?

We were not given instructions, tools or a program to follow. We had to create the program on our own from scratch. We are processing the requests which cover many counties.

7. Why aren't guest houses, pool houses in the assessor records?

They are but they're not public or online. You have to go to the office to see them. You can look at the pictometry view in the assessor site to see the outline of buildings. We have records for patios, balconies, guest houses, pool houses.

My comment: In my experience they generally only show the first building on a property. Generally second units are added later and they're not in the records. I do see them sometimes by MLS sources that include size of all buildings on the site but not always. This is so important especially for 2-4 units or SFR with ADU. Many have assumed the buildings weren't permitted or legal for this reason. 

"The Southern California Chapter of the Appraisal Institute is proud to announce the launch of its Women's Initiative Committee (WIN).

The purpose and objective of this newly formed committee is to promote the advancement of women within the appraisal profession. In monthly Zoom meetings, we will host discussions of relevant topics, invite special guest speakers, network, and assess the unique challenges and opportunities we face.  All are welcome to attend. Appraisal Institute membership is not required, and the Zoom meetings are free of charge."

Ariana Arredondo, MAI 

Linda Whittlesey, SRA 

Jennifer Hsu, MAI 















Mary Cummins of Cummins Real Estate is a certified residential licensed appraiser in Los Angeles, California. Mary Cummins is licensed by the California Bureau of Real Estate appraisers and has over 35 years of experience.


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