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When the GA Tax assessors determined the value of your home for tax purposes, do you believe they were correct? There are many cases, where they do not provide the proper value for the home’s Dekalb County property tax assessment, and this can cause some problems with your taxes, and your finances. After all, when the property value is seen as higher, it means you are going to have to pay higher property taxes than you probably should. If this occurs, you could be wasting a substantial amount of money each year that the assessment is wrong.
Fortunately, you can do something about this problem. You can appeal the residential property tax assessments, which can help to make sure the assessments are accurate, and you are paying the right amount for your property taxes.
What Should You Do?
You will receive a letter from the tax assessor’s office, which will provide you with the county’s assessment of your property value. In turn, the government utilizes this information to determine the DeKalb County property tax you will be paying. It is important that you always take the time to examine this letter and information to determine whether you are being charged too much for your taxes. If you feel that there is a mistake, your best option will be to speak with a professional who can check the information and appeal the residential property tax assessments.
Of course, you may be wondering how you can determine whether the assessed value is too high. One of the first things to do is consider the comparable homes in the area that have recently sold. Look at homes that are about the same size, age, and quality, and that are in the same neighborhood. In most cases, you should expect the valuation of those homes to be similar to your own. If they were valued and sold at noticeably lower prices, your home could be overvalued.
If that’s the case, you may have a good chance at winning an appeal to get your property value reduced. Of course, it is important to remember that each home is different, and there could be other reasons for the discrepancy. When you notice that there is a difference in value, or whenever you believe that the value should be different, you will want to act as quickly as possible. There will be a deadline in the letter you receive from the tax assessor’s office. You need to pay attention to the date on the letter, and any dates that you receive when you appeal your property value.
For example, you will only have 45 days from the date of the notice that you have on the letter to file for an appeal with the GA tax assessors. If you wait too long, you will not be able to file an appeal, and this could mean that you are on the hook for a higher tax bill than you should be paying.
The entire appeals process can be quite confusing for those who have never had to go through it before. Still, it’s not something you want to ignore if you feel that the DeKalb County tax assessor says your property is a higher value than the actual value. Your best option is going to be to work with a professional who can help you with the appeal process and determine whether going through the appeal is even in your best interest.
Work With a Professional
When you are trying to find a company that can help you with your residential property tax assessment appeals, you want to make sure you are working with a company that is worth your money and your time. First, you want to consider just how much experience they have in this field. Have they worked with homeowners in your area in the past? Have they ever spent any time working as an assessor? If they have worked in an assessment department in the past, it gives them an insider's understanding in how these offices work.
The professionals can provide you with more information about just how long it might take to undergo the tax appeal process. This can be a long process, and it might take a year or longer. However, in those cases where there was a massive difference in the real value of the property and the assessed value, this can make quite a difference.
When you take the time to find a company that has the experience and knowledge required for this field, you will find that they can do a better job of getting you the proper assessment. They can make sure you are making the right decision, they can help you understand what you need to do to be successful with your appeal, and they can make sure that you are getting your paperwork turned in on time.
When a Home Is Undervalued
The biggest cause of concern for most people is when their home is valued too highly because they do not want to pay higher property taxes. However, there can also be problems for those who have their homes valued too low. This is particularly true when you are trying to sell your home. Naturally, those prospective buyers are going to be looking at the property’s assessed value to help them determine how much they are willing to spend on the property.
If the GA Tax assessors provide a value that is lower than the true value of the property, it means people are going to be offering less when they make bids on your property. In these cases, it is important that you have the property value reassessed and fixed before you start to sell. It could make quite a difference in the price you can get for the property.
Whether you feel that the property value has been assessed too high or too low, it is important to have it taken care of as quickly as possible. Get in touch with the professionals who can help with your appeal sooner rather than later.
