Paying too much for your property taxes? Believe your house is overvalued? No need to worry any longer. Here at Georgia Real Estate Appraisers, we strive to provide you with an accurate valuation of your property. Simple data errors may result in an over assessment, which happens more than most people realize. For tax purposes, the county assessor’s office base property values on recent sales of similar properties. In areas such as historic districts, or in neighborhoods described as having properties where size, quality, and condition vary greatly, it is often difficult to collect accurate information used to compare properties that have recently sold than with those that have not.
According to a report from the National Taxpayers Union, assessors have overvalued 60% of the homes in the United States. The value that assessors have given these homes is often far out of line with what the homes’ actual values are. Most of the time, assessors overvalue a home rather than on undervaluing it because the extra revenue they collect from property taxes makes funding the daily operations of the municipality much easier.
A successful appeal may effectively lower your annual property tax bill for up to five years. You can bring your claim for a reduction in your assessment and thereby reduce your taxes simply by filing an appeal. All property owners have the right to appeal their current assessments each year if they believe their property has been overvalued. We understand the pain of overpaying for high property taxes, which is why we at Georgia Real Estate Appraisers are here to help.
Your property assessment is a percentage of the market value of your property. This is what your local taxing authorities use to determine the amount of real estate taxes based on their taxes. You can challenge a tax assessment based on the accuracy of the work conducted by the assessor. Anything from the square footage, condition of the property, and property features can determine your tax assessment. If the square footage on your property is wrong, it is most likely that your tax assessor has over valued your property.
Georgia Real Estate Appraisers offers a number of appraisal services, but property tax appraisals is one of our specialties. We are here to provide you with the assurance that you are only paying your fair share of property taxes. While we are unable to guarantee the outcome of your appeal, an appraisal completed by one of our state-certified real estate appraisers is your best chance of success in any dispute with your local tax assessor. State-certified appraisers are widely considered to be the experts in real property valuation. Our reports conform to the USPAP guidelines and all federal regulations and standards.
For lower property taxes in metro Atlanta, hire an appraisal company you can trust. Contact Georgia Real Estate Appraisers for a complimentary property tax appeal consultation and detailed quote.