There Are Many Reasons Why Your Property Tax Assessment Might Be Wrong
If you think that something is wrong with your property taxes assessment, you might be right. Many property tax assessments are successfully appealed especially when done with the help of a real estate tax attorney.
Why Property Tax Assessments are Often Wrong
Property tax assessors want to complete their jobs as quickly as possible and often do not effectively assess a property. As a result, you may be asked to pay more taxes than you should owe. You will have until "Grievance Day." This is the day by which all of your paperwork must be filed so that your petition might possibly be approved.
If you are concerned about whether your property has been accurately assessed, look at the properties of similar homes to see how they are valued. This will help you get a sense of whether the assessor made a mistake. You will be able to have your home appraised by a private appraiser and you can then use the appraisal to determine if the appraisal by the government is correct.
Take Advantage of the Tax Assessment Letter
When you receive an assessment letter, make sure to read it thoroughly. The letter will include information about your property and will explain how your property taxes were assessed. At this point, you can determine if the property tax assessor did anything wrong that lead to an inaccurate assessment.
Verify basic information on your home such as the number of bathrooms that it has, how big your house is, and how many acres you have. When the basic facts are wrong, you may find it much easier to challenge the tax assessment.
Talk to Your Attorney About Whether You Should Appeal
While you have the right to appeal your taxes, you will need to determine if this decision is worth it. The best way to find out is to engage in a consultation with a real estate tax attorney. Many attorneys are willing to offer a free consultation to help you determine if appealing your property taxes will save you enough money to make it worthwhile.
There are hundreds of potential variables that can affect the value of your home. Therefore, if you work with a real estate tax attorney, you will be much more likely to be able to effectively appeal the decision of the United States government than if you were to attempt to research and correctly apply all of these variables yourself.