With property values taking a major dive in the housing market, experts say you may actually be able to cash in on the decline of your home's appraised value.

According to Muskingum County Auditor Debra Nye, as your home's value decreases, your property taxes could go down putting more money in your pocket.

"We have a review process. Our appraisers go out and review that particular parcel. And then if they are satisfied with the review that we have done, then we make any...