I own 2 homes now, one at my previous duty location, and the one I live in now at my new duty location. I am currently renting the first home out and am happy with that situation.
On Friday, I received a new property assessment form for the first home and it stated the fair market value went up $60,000 for the year of 2011. This did not sit well with me at all because I knew it was dead wrong and full of BS. I sent in an appeal as it is my right do so, and I won in a matter of speaking. I stated on the appeal the definition for fair market value and that there is no way some one would pay the indicated value of the home for the property. I also stated a few other things, but was respectful and stuck to the facts.
The office called me today to inform me there was not a raise in the value and the additional $60,000 would be removed immediately and that it was an error on their part. He indicated that a handful of people in the county were wrongfully assessed and he was glad I caught it.
I assured him I would be fine with the new and correct assessment after he told me what it should be. So, I am cancelling my appeal and saving quite a bit of money that I would have had to pay due to an error.
So, if you feel your property taxes value hike is wrong, appeal it, you may be in the right.
On Friday, I received a new property assessment form for the first home and it stated the fair market value went up $60,000 for the year of 2011. This did not sit well with me at all because I knew it was dead wrong and full of BS. I sent in an appeal as it is my right do so, and I won in a matter of speaking. I stated on the appeal the definition for fair market value and that there is no way some one would pay the indicated value of the home for the property. I also stated a few other things, but was respectful and stuck to the facts.
The office called me today to inform me there was not a raise in the value and the additional $60,000 would be removed immediately and that it was an error on their part. He indicated that a handful of people in the county were wrongfully assessed and he was glad I caught it.
I assured him I would be fine with the new and correct assessment after he told me what it should be. So, I am cancelling my appeal and saving quite a bit of money that I would have had to pay due to an error.
So, if you feel your property taxes value hike is wrong, appeal it, you may be in the right.