The Property Tax Appeal Process Explained

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It’s possible to trim your property tax bill by appealing the value the taxman assigned to your home. That “assessed value” is what’s used to calculate how much tax you owe.

One way to lower your property tax is to show that your home is worth less than its assessed value. You can do the initial research online in just a few minutes or by making a quick call to your real estate agent.

Here’s how to appeal your property tax bill, step by step:

1. Read Your Assessment Letter

Local governments periodically assess all the real estate they tax. When your new assessment comes in the mail, it’ll list information about your property, such as lot size or a legal description, as well as the assessed value of…

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Read the full article at the source here: https://www.houselogic.com/finances-taxes/taxes/property-tax-appeal/

 

 

 

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