It is not wise paying property taxes blindly just because the local government has served you with a tax bill. Meeting your tax obligation ensure that your local government will be in a position to provide better services for you. Your property tax obligation is usually based on the value of your property in the current market value. If you feel that your property has been valued higher than the current market price of a similar land it will be very right to file a relief which will see your county government reviewing the valuation to ascertain the true value. Here are a few tips on how to appeal property taxes DeKalb County.
The main objective of the appeal is to get a lower tax bill compared to the one you have. For you to do this you will have to prove to the taxman that your or home is worth less than what the assessors had valued it to be it worth initially. Conduct an in-depth research on the market values of the properties in your region online or by contacting a real estate agent in your area to establish the current house values in your area.
Your tax assessment letter contains the information the assessor used to value your home. It is therefore important to ensure that the items he has highlighted are correct. Once you study the assessment document and ascertain that there is some misrepresentation of items in this document it will be well called for to consider an appeal within the period provided to do so by your county.
The appeal period can run for months after you file one. It is, therefore, important to establish whether the application is worth the time. The main reason for doing so will be to find out whether the amount of the tax decrease is worth the time you will spend in the process. Most house values are in the range of 1% of the house value. If you cannot manage to have your home value decrease by over 15 then it would not be worth the time.
By inspecting their valuation data, it is possible to identify where they went wrong in their valuation. The number of places and units in your property should correspond to the data itemized in your assessment letter. If they are not you should challenge their valuation immediately on why you are being overtaxed.
You are still building your case so take your time and look for 2-5 comparison properties. They should all be within your locality and have the same properties as your property. Enquire around about their recent tax bill. You can as well conduct a search on them in the tax database. If you find any difference where your bill is higher than the rest, proceed to the next step of the application.
With your findings file your complaint with the local assessor. You can do this either online, by mail or on call. Wait for the results as they will whether you should continue to file for a relief with the tribunal. If you are not convinced step on to the next and the last stop.
If the review fails then it would be necessary to appeal to an independent board. Usually, you will be charged a fee for filing the appeal. It is important to be aware that the appeal may take up to a year before you get a determination.
The main objective of the appeal is to get a lower tax bill compared to the one you have. For you to do this you will have to prove to the taxman that your or home is worth less than what the assessors had valued it to be it worth initially. Conduct an in-depth research on the market values of the properties in your region online or by contacting a real estate agent in your area to establish the current house values in your area.
Your tax assessment letter contains the information the assessor used to value your home. It is therefore important to ensure that the items he has highlighted are correct. Once you study the assessment document and ascertain that there is some misrepresentation of items in this document it will be well called for to consider an appeal within the period provided to do so by your county.
The appeal period can run for months after you file one. It is, therefore, important to establish whether the application is worth the time. The main reason for doing so will be to find out whether the amount of the tax decrease is worth the time you will spend in the process. Most house values are in the range of 1% of the house value. If you cannot manage to have your home value decrease by over 15 then it would not be worth the time.
By inspecting their valuation data, it is possible to identify where they went wrong in their valuation. The number of places and units in your property should correspond to the data itemized in your assessment letter. If they are not you should challenge their valuation immediately on why you are being overtaxed.
You are still building your case so take your time and look for 2-5 comparison properties. They should all be within your locality and have the same properties as your property. Enquire around about their recent tax bill. You can as well conduct a search on them in the tax database. If you find any difference where your bill is higher than the rest, proceed to the next step of the application.
With your findings file your complaint with the local assessor. You can do this either online, by mail or on call. Wait for the results as they will whether you should continue to file for a relief with the tribunal. If you are not convinced step on to the next and the last stop.
If the review fails then it would be necessary to appeal to an independent board. Usually, you will be charged a fee for filing the appeal. It is important to be aware that the appeal may take up to a year before you get a determination.
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