The Property Tax Appeal Process
Many homeowners in Florida today are in fear receiving their property tax TRIM notices. As the recent new headlines and barber shop rumors circulate that many people are finding out that their taxes have been incorrectly calculated. No one wants to have to deal with a difficult and long appeals process if they believe their tax bill is incorrect and yet no one wants to pay more than they should have to. If you believe that your home may have been appraised incorrectly by your tax assessor, what are your options?
First, you need to understand the entire process of how your homes value is assessed and then the steps that you can take if you believe this is incorrect.
From start to finish, here is the entire process:
Country property tax appraisers assign a value to your property On January 1st, county assessors assign a property to a market value and then adjust for exemptions. This is sent to the Department of Revenue and approved.
Property tax rates are assigned This rate is then multiplied by the assessed value of your home to determine the amount of property tax you must pay.
Property tax notices are mailed In August, homeowners receive a Notice of Proposed Property Taxes.
Appeals filed If a homeowner believes that their proposed property taxes are incorrect, they can file an appeal with the Value Adjustment Board. The homeowner will need to supply evidence to support their claim that their assessed home value is incorrect. Many homeowners do not have the necessary evidence and they are denied their appeal.
Bills issued and paid with early payment deductions in November.
Now that you know the steps of how the county determines what you owe for your property taxes and how you can challenge them, your next step is to figure out if your notice is incorrect. Then, you must gather evidence to prove your claim.
How can you do this? All you need to do is enlist the services of MyTaxRights.com. This site will enable you to immediately check on the correct value of your home. The value estimate that the site conducts is more accurate than the countys based on the 1-8 Appraisal Criteria instead of the county's Mass Appraisal Technique, as it focuses on your specific neighborhood and home, not on more general factors. If you find that your actual appraised value is lower, you can print out the evidence from the site to support your case. You will then file a claim and when requested, mail in your evidence or bring it to court with you. Having evidence will help you to win your appeal and save hundreds to thousands of dollars.
If you are unsure as to whether your property tax notice is correct, log on to MyTaxRights.com and find out. Its free and it doesnt hurt to find out the truth. MyTaxRights.com boasts a 100% Money-Back Guarantee a fully stocked library of information and is available in 60 languages.
First, you need to understand the entire process of how your homes value is assessed and then the steps that you can take if you believe this is incorrect.
From start to finish, here is the entire process:
Country property tax appraisers assign a value to your property On January 1st, county assessors assign a property to a market value and then adjust for exemptions. This is sent to the Department of Revenue and approved.
Property tax rates are assigned This rate is then multiplied by the assessed value of your home to determine the amount of property tax you must pay.
Property tax notices are mailed In August, homeowners receive a Notice of Proposed Property Taxes.
Appeals filed If a homeowner believes that their proposed property taxes are incorrect, they can file an appeal with the Value Adjustment Board. The homeowner will need to supply evidence to support their claim that their assessed home value is incorrect. Many homeowners do not have the necessary evidence and they are denied their appeal.
Bills issued and paid with early payment deductions in November.
Now that you know the steps of how the county determines what you owe for your property taxes and how you can challenge them, your next step is to figure out if your notice is incorrect. Then, you must gather evidence to prove your claim.
How can you do this? All you need to do is enlist the services of MyTaxRights.com. This site will enable you to immediately check on the correct value of your home. The value estimate that the site conducts is more accurate than the countys based on the 1-8 Appraisal Criteria instead of the county's Mass Appraisal Technique, as it focuses on your specific neighborhood and home, not on more general factors. If you find that your actual appraised value is lower, you can print out the evidence from the site to support your case. You will then file a claim and when requested, mail in your evidence or bring it to court with you. Having evidence will help you to win your appeal and save hundreds to thousands of dollars.
If you are unsure as to whether your property tax notice is correct, log on to MyTaxRights.com and find out. Its free and it doesnt hurt to find out the truth. MyTaxRights.com boasts a 100% Money-Back Guarantee a fully stocked library of information and is available in 60 languages.