While it's certainly true that a "hot" real estate market is ultimately great for homeowners in Cobb County, it can cause some potential issues in unexpected ways - namely, when it comes to your real estate tax assessment.
While it's certainly true that a "hot" real estate market is ultimately great for homeowners in Cobb County, it can cause some potential issues in unexpected ways - namely, when it comes to your real estate tax assessment.
Every year in Gwinnett County, notices of assessment are sent out to all residential and commercial property owners in the area. Usually, this happens during April. Contained within this notice will not only be information about the current fair market value of your property, but an estimate of what you'll be expected to pay in real estate taxes. The former number is what directly impacts the latter.
A lot of people don't realize that in Cobb County, the law actually requires the Board of Assessors to maintain a fair market value on all properties in the area. This means that officials must keep a constant record of the value that they feel you can sell your property for, should you eventually choose to do so.
In DeKalb County, Georgia, property assessment notices are mailed out to all homeowners in the area in late May or early June every year. On that notice will be an assessment of the fair market value of your property - which will ultimately dictate the amount of money that you'll pay in taxes as well.
Every year in Fulton County, an assessment is made as to the current value of your home. This is then used to determine how much you will ultimately pay in property taxes.
One of the most important things to understand about DeKalb County property taxes is that the Assessors office, by law, needs to maintain a value on your property based on what they feel you'd be able to sell it at. This value is ultimately what dictates the amount of money that you'll pay in taxes.
In Cobb County, property tax appeals can only be filed in direct response to an assessment notice. This is a document that you get in the mail every year that outlines the current fair market value of your property. This is based on a variety of factors including current market conditions, what is known about your home, and more.
On an annual basis, the Board of Assessors in Fulton County issues all residents an assessment notice - a document that includes the fair market value of the home in question. This value is what is used to determine the amount you'll pay in property taxes, so it's safe to say that if you disagree with it you should absolutely file an appeal as soon as you're able to do so.
Anyone who's gotten their Gwinnett County property tax assessment and doesn't agree with the amount they were assessed might be wondering just what they can do next. There are plenty of people who feel that way, since tax assessments aren't always accurate and can go up when it's least expected. But fortunately, there are ways to get some relief from higher property taxes, so you won't be paying too much. Property tax appeal companies exist for a reason, and Fair Assessments can help reduce your property tax bill.
Anyone getting a property tax assessment in Cobb County should know that they have options if they're not happy with the assessment or valuation of their property. Even though the assessor's office provides a value they believe is accurate, there are often ways to have a tax bill lowered if you don't feel the assessment is fair or correct for your property. When you work with us at Fair Assessments, you can have us appeal your property taxes, with the opportunity to have a lower bill and more financial security for the future.