Buying Your Home - Property Taxes
can I learn more about appealing my property taxes?
Contact your local
tax assessor's office to see what procedures to follow to appeal your property
tax assessment. You may be able to appeal your assessment informally. Mostly
likely, however, you will have to go through a formal tax-appeal processes,
which begin with an appeal filed with the appropriate assessment appeals
How do property taxes work?
Property taxes are what most
homeowners pay for the privilege of owning a piece of real
annual local assessments by county or local authorities help pay for public
services and are calculated using a variety of formulas.
How is a home's
You have several ways to determine the value of a home.
An appraisal is a professional estimate of a property's market value, based on
recent sales of comparable properties, location, square footage and construction
quality. A comparative
market analysis is an informal estimate of market value performed by a real
estate agent based on similar sales and property attributes. Your RE/MAX agent may offer
free home evaluations.