Property Tax Assessment Part 1

 An increase in home values is great because it increases the equity in your home without you having to invest more money in making it happen.

Unfortunately, as the price of your home increases, so does the perceived value of your home in the eyes of your local tax assessor.

When that happens, your taxes also go up.

The bad news is that your tax rate - the annual percentage of your home’s value that you pay - is fixed by the state and/or municipality in which you live and not able to be negotiated.

The good news, though, is that you can appeal the assessed value of your home in an effort to reduce the total amount that you pay.

Park Place Collective 

619.99.7552

www.parkplacecollective.com