5 Steps to Prepare for Disputing Your Real Estate Taxes
Have your real estate taxes increased, but you don’t think the increase was warranted? The reality is that many people are still paying property taxes that are much higher than necessary. After all, the values of most homes have gone down, which means their taxes should have gone down as well. Therefore, if you believe your property taxes are too high you should follow these simple steps for getting your taxes lowered.
Step #1: Learn the Proper Protocol for Your Area
The first step you need to take is to find out the proper protocol for disputing taxes in your jurisdiction. This mean finding out the where can i get viagra proper procedures for your county as well as your city. In general, the procedure will involve petitioning the local tax assessor to have your property taxes reviewed and modified.
Step #2: Ask How Your Property Value was Determined
Next, you should ask the taxing agency Kamagra Soft to explain how your property value was determined. In many cases, the taxing agency contracts the job out to another company and the company simply performs a drive by of your home in order to determine its value. In other words, the value is typically determined based on the way your home looks on the outside. Other contractors simply analyze the market value for homes in your Levitra area in order to determine the value of your home, which means they don’t look at your home at all. If one of these processes was used to assess the value of your home, it should be much easier for you to dispute its value as well a your property taxes.
Step #3: Fill Out the Proper Paperwork
Now, it is time to visit the tax assessor’s office in order to obtain the proper forms for disputing your tax rate. Make sure to complete the forms thoroughly and accurately.
Step #4: Prepare Your Presentation
Soon after filing your paperwork, you will usually be called to an informal hearing with the tax assessor or with a small board of representatives in order to explain your case. Therefore, you need to come prepared with what you plan to say. If your taxes were determined based on the value of other properties in the area, for example, come prepared to show how and why your property is different from the other properties. Or, if property values have gone down in your area, bring data showing how property values have changed.
Step #5: Gather Your Documentation
If there are any documents that can help support your case, such as public data regarding the values of neighboring properties, you should gather these before heading to meeting with the assessor. Remember, the more hardcore data and documentation you can bring with you, the more convincing your case will be.
Now that you have taken all of the proper steps to prepare for your meeting, it is time to meet with the assessor and state your case.
Remember to be polite, yet firm, with the assessor in order to obtain the best results possible.
Author Bio: Ryan Lynch works in the real estate industry helping buyers and sellers with Austin real estate and luxury homes. His team also specializes in Steiner Ranch homes for sale including lakeside properties and golf course homes.
Category: Finance/Real Estate
Keywords: real estate, taxes, disputing your taxes, property taxes