sem@piefed.blahaj.zone to No Stupid Questions@lemmy.worldEnglish · edit-22 months agoDo residential property taxes go down if the housing market declines?message-squaremessage-square19linkfedilinkarrow-up147arrow-down11
arrow-up146arrow-down1message-squareDo residential property taxes go down if the housing market declines?sem@piefed.blahaj.zone to No Stupid Questions@lemmy.worldEnglish · edit-22 months agomessage-square19linkfedilink
minus-squaremalloc@lemmy.worldlinkfedilinkEnglisharrow-up20·2 months agoAt least in my region, you need to get home re-assessed. Then it will go down.
minus-squaresem@piefed.blahaj.zoneOPlinkfedilinkEnglisharrow-up4·2 months agoIs reassessment a manual process? What does it involve?
minus-squaremalloc@lemmy.worldlinkfedilinkEnglisharrow-up9·2 months agoyes, it involves getting comparable appraisals in your neighborhood and area. Then submitting that as evidence your current appraised value is too high. Supposedly you can do this yourself, but I just hire a specialized company to do this for me.
At least in my region, you need to get home re-assessed. Then it will go down.
Is reassessment a manual process? What does it involve?
yes, it involves getting comparable appraisals in your neighborhood and area. Then submitting that as evidence your current appraised value is too high.
Supposedly you can do this yourself, but I just hire a specialized company to do this for me.