Saturday, February 14, 2009

Property Tax Appeal Comparables

Housing prices remain on the wane and there is no indication yet of an uptick, yet most Americans are seeing a rise in the cost of their property taxes.

If you sense that there is room for an appeal, considering the high error rate in assessing value by assessors, it seems you need to know what comparable homes in your neighborhood are selling for -- comparable in terms of age, size, district -- this is public information so there is no great effort on your part in getting it.

As with any property tax appeal, you have to support that claim with evidence.

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