My Property Tax Bill is WHAT!?
Well I just opened up my tax assessment for 2018 and once again it has little attachment to market realities. Why does your bill seem to go up no matter what the market is doing? The answer is that assessments are a funding mechanism for running local services and government, and we all know their appetites and requirements are never sated. Even if the market is not rising then your tax rate typically rises so your bill does as well. Here’s an excellent article on the topic. All of that being said, if you feel you are being over assessed for your property you have the right to appeal. Reach out to me and I can give you some insight into whether or not you have a case and if so help you build one. Full service broker all the way!