Lower Your Property Taxes
That Makes Cents: Lower Your Property Taxes
Make sure your home is assessed correctly.
First thing to do, get a copy of your assessment record and look closely at it to make sure it accurately describes your house. Experts say 30% to 50% of these records contain errors that will cost you.
Then, check out nearby homes that are similar to yours. Property assessments are public record so find out what those are valued at to make sure yours is in the right range.
Also, look at recent sales. Many towns base assessments on market value, but that's not always realistic. See what comparable homes are selling for to figure out what yours is worth.
If you think you have proof your house is overvalued, contact your town's assessor's office to find out how the official appeals process works and what the deadlines are.
Now that makes cents.
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