My Motto

To Live, Laugh and Learn, and in no specific order



Wednesday, October 5, 2011

IS YOUR PROPERTY TAX BILL CORRECT

We review our utility bills and other bills that we must pay but have you ever really looked at your tax bill.  Pay attention to the details that are being used to assess the taxes for your home, as they may be incorrect and could save you some money, but be prepared that if you challenge your taxes because you feel there is incorrect information,  and an audit is done, your taxes might go up because of updated remodeling etc...
As a Realtor, I daily use the websites that report the counties tax assessment of the homes, and frequently run into information that I believe should probably be challenged if I was the home owner of that particular property.  We are all human and mistakes can be made.
When your property is being assessed, unless you give them updated information, they are truly only guessing at the interior construction of your home, (bedrooms, baths, fireplaces, living space basements etc...) as the people that do the assessing do not enter your home, they only drive by it and take exterior pictures and measurements. The only other information they have is from when the house was originally built, information you offer, or from building permits as remodeling projects are done.
Do be aware that having a high assessment could be an advantage to you if you are considering selling in the near future, as the public can access any of these records, and will use that information when making an offer on your home, so a low assessment might hurt you.
If you think your taxes need to be reviewed, give me a call or email me, and I will help you gather the information needed to take to the tax assessor for a review.   

Visit houselogic.com for more articles like this.
Copyright 2011 NATIONAL ASSOCIATION OF REALTORS®




I LOVE REFERRALS, so if you know of anyone that is looking to either buy or sell real estate,(doesn't have to be in Alabama) please send me an email, and I will see what I can do to help.

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