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| Unequally Appraised? Get Tips on How To Appeal Your Property Taxes
Where appraisals in a district are inconsistent, a taxpayer may be penalized even though that owner's property is appraised at or below market value. This is called unequal appraisal and is grounds to file a protest. The most effective approach to appealing on unequal appraisal is using "a reasonable number of appropriately adjusted comparables." Comparable properties are similar with regard to quality and quantity of improvements. For appeals on your home, summarizing information on 5 to 10 comparable houses on the same street or in the same neighborhood is reasonable and appropriate. In a protest of unequal appraisal, the ARB must determine a protest in favor of the protesting party unless the appraisal district establishes the following:
Owners can rebut the appraisal district's evidence above and can actually obtain the evidence 14 days before the hearing. This is sometimes referred to as a House Bill 201 packet. In many cases, the appraisal district House Bill 201 information supports a lower value. In addition to obtaining your adversary's evidence, making the request limits what information the appraisal district can present at the hearing. If you do not request their information prior to the hearing, they can use any information available to them at the hearing. However, if you request the appraisal district information using a House Bill 201 request, they may only use information previously provided to you. Questions? E-mail O'Connor & Associates, or call 1-877-4-TAXCUT. Please help us! We are conducting a survey to educate legislators regarding problems with the property tax appeal process. You can help by taking 2 minutes to complete this survey. You will receive a copy of the survey and FREE tips on how to appeal your property taxes. Click here to take our survey. Hire O'Connor & Associates to reduce your property taxes. You pay NOTHING unless we save you money! Please send me periodic tips on reducing my taxes. O'Connor & Associates -- Your Key to Real Estate Value Corporate Office: 2200 North Loop W., Suite 200 Houston, TX 77018 1-800-856-7325 Dallas * Houston * Los Angeles * Newport Beach If you would like to be removed from this list and receive no future real estate information, click here to unsubscribe. |
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Property Tax Tips
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