Property Tax Appeal FAQ
Because the process for appealing property taxes is typically so time consuming and difficult to understand for most homeowners, many questions arise. Below are some of the more frequently asked questions. Please contact us if we can be of assistance, we are standing by to help you!
A property tax assessment appeal is a process whereby you can appeal your property's assessed value to a review board if you believe you are overassessed. This board will review the information you present to justify a lower property tax valuation and then determine if your request is justified.
How much does your average customer save?
We are proud of our successful track record. While savings will vary by region, in 2011, the average customer saved approximately $1,340 per year in property taxes.
What is my guarantee of success?
We can't guarantee that you will win your appeal. No one can guarantee that.
We can guarantee to give you a 100% refund of your $99 fee if you lose your appeal using our Property Tax Appeal Evidence Report.
What is the difference between my "appraised or market value" and my "assessed value"?
This is often very confusing. The "appraised or market value" represents what your jurisdiction's appraiser believes your home could be sold for on the open market at the time your property's value was determined for tax purposes. "Assessed value" is the actual amount that taxes are levied against to determine how much you pay in property taxes. Most jurisdictions have their own method of coming up with the assessed value. The assessed value can differ from the appraised or market value when the jurisdiction uses particular ratios, caps or exemptions that might apply to your property.
Do I still have to pay my property taxes if I am going to appeal the region’s valuation of my home?
YES. You must pay your assessed property taxes even if you are planning to appeal or are in the process of appealing. If you are successful with your appeal, you will receive a refund for your overpayment of property taxes from the taxing authority. If you do not pay your taxes on time, you will incur a late fee.
What if the Appeals Board decides to raise the valuation of my home instead of lowering it?
This is highly unlikely. However, if you use our Property Tax Appeal Evidence Report, you will receive a 100% refund of your $99 fee as long as you submit a copy of the appeal board’s written decision to us.
Do you accept cash or checks?
We accept payment by major credit cards or checks.
What if I know of a good comp for my home that you missed?
The comparable home sales (comps) used for challenging your property tax valuation must have sold before the assessment date. For instance, if the assessment date for your region is January 1st, 2011, all the comps used in your appeal must have sold prior to that date. Most regions will allow homeowners to use comps sold up to three years prior to the assessment date.
If there is an appropriate comp that you think we missed you can contact us and receive an explanation of why it was not a good comp for your home.
Why don’t you cover homes in my region?
We are in the process of adding more region’s around the country all the time. Please feel free to email us and suggest we add your region to our coverage area.
See more questions