Can You Save Money by Appealing Your Property Taxes?

Your annual property tax is based on your taxable value. First, figure out the market value of your home. Zillow.com and trulia.com are great resources, or you can contact me and I can send you info on recently sold properties in your neighborhood. Take the approximate market value and divide that by half. If this number is less than your taxable value, you may be paying too much for property taxes! The people who may benefit the most from a tax appeal are people who bought their homes at the peak of the market, between 2000 and 2005.  For the exact appeal process, check your local city or township website.

See a step-by-step guide on how to appeal your property taxes at https://www.houselogic.com/finances-taxes/taxes/property-tax-appeal/

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