Anyone who owns property in Clayton County is required to pay a certain amount in property taxes. However, you should never end up in a position where you pay more than what is your fair share. While the government will periodically assess properties and assign values to them, it isn’t always done correctly or completely.
For most homeowners, saving money is high on their list of priorities. There are so many things you could be doing with your money instead of paying a high DeKalb County property tax bill. But year after year, those bills keep coming. Did you know that you may be able to get the amount reduced through an appeal? Property taxes are often based on an outdated assessment that make your bill much larger than it needs to be. Here are five questions to ask about your tax bill before you consider appealing.
Every year in Fulton County, property tax bills get sent out, and every year, homeowners are faced with huge bills that can have a serious impact on their budget. Whether you were prepared for the bill or not, everyone likes to save money. And the fact is that your tax bill could very well be too high. So many homeowners go through the appeals process, in an attempt to keep their bills fair and easier to afford.
If you have just received your Gwinnet County property tax bill, you may be wondering how exactly your property tax bill was calculated. What makes the assessor’s office think that your home is worth what they say? What if your neighbor’s nearly identical home is valued at much less, and their property tax bill is lower? There are a lot of questions that come when you get this bill, and they all boil down to: How does the assessor determine the value of your home?
When you want to appeal your property tax bill, the first thing you’ll need to do is send an official appeal letter to the Fulton County tax assessor. Because of the way that homes are valued by the assessor, property taxes fluctuate almost every year. The market, the local crime rate, the growth of your city, and so many other factors can make your home’s value more or less each year. And many homes throughout Georgia are over-assessed, meaning that you are paying far more than you should be for your property tax.
Did you get hit with a big tax bill this year that you weren’t expecting? If so, you are not alone. Changes in the tax laws and the housing market have had homeowners’ tax bills going up and down all over the place lately. The Gwinnett County tax assessor has to take all of these things and more into consideration when determining your bill. Let’s take a look at what things can cause tax bills to go up, and what you can do about it.