1. If you look at your tax situation and find that renting is costing you big bucks, have a tax professional figure out how much you would save by buying a home.
Information on the mechanics and deadlines for setting up an appointment should be included with your tax notice. It’s at this initial meeting that you submit the information you’ve put together to support your case.
Compare the assessor’s record to your house. If there are discrepancies, highlight them or make a list of the ones that add value to your home but aren’t there. That you have evidence that similar properties in your area have sold for less than the assessment on your property. To get this evidence, ask a [...]
The National Taxpayer Union (www.nut.org) has announced that as many as 60 percent of all homeowners are overassessed on their home’s value. That means you’re most likely paying more property tax than you should. Unfortunately to correct an overassessment and put some dollars back in your pocket, you need to prove to the county that [...]
When you buy a home, you get the tax rate that the previous owner was assessed. It may be low or high. Of course, if it’s low you’ll smile at your good fortune. But if it’s higher than your purchase price, you’ll want to appeal it. In one instance, a buyer paid $390,000 for a [...]