Many property owners need and want representation when they are considering appealing their property taxes. For many property owners, the challenge with property tax appeal process is that they simply do not have the time to do the job right.
First, they need to complete all of the appeal paper work at their county Assessor’s office and then again (if necessary) at the Administrative Law Court. Then they need to file their appeal during the assigned deadline for their county. If they miss the deadline then they have missed their opportunity to appeal for that year.
Add to this, they have to do their own property research. Then they need to find the right evidence, build and then present a compelling case for a reduction in their property’s taxable value. For many property owners this process is just too much work.
Why choose a real estate appraiser? Real estate appraisers have the right to represent their client’s property tax appeal process, and they have access to the information needed to convince the assessor that the assigned taxable value is too high. This information could be comparable sales, operating expense ratios, capitalization rates, floor area ratios or market vacancy rates. The average property owner, or attorney, simply does not have good sources for this information. If an assessor is going to reduce a taxable value, proper evidence of why it was reduced must be on file.
When you hire a competent real estate appraiser, they will file all of the necessary documents with the proper governmental agencies, during the assigned filing deadlines. The appraiser will do the work on your property’s tax appeal and provide property research, which will ensure that the client has an effective argument in order to hopefully obtain a reduction in the property’s taxable value.