Property Tax Appeal FAQ: Everything Homeowners Need to Know
Property Tax Appeal FAQ: Everything Homeowners Need to Know If you suspect your home is over assessed, filing a property tax appeal is one of the few direct ways to lower your annual tax bill. But the process raises a lot of questions, from what counts as evidence to whether appealing is even worth the risk. Below are the answers to the questions homeowners ask most often about property tax assessments and the appeal process. What is a property tax assessment? A property tax assessment is the value your local government assigns to your home to calculate your annual tax bill. A county assessor determines it using a formula applied across thousands of properties at once, which means it may or…