Did you know that you can appeal your real estate taxes and potentially save hundreds or even thousands of dollars each year? Many homeowners unknowingly overpay on property taxes because they never challenge their county’s valuation.
Did you know that you can appeal your real estate taxes and potentially save hundreds or even thousands of dollars each year? Many homeowners unknowingly overpay on property taxes because they never challenge their county’s valuation.
Understanding your home's value is the first step to ensuring you're not overpaying. Property taxes are based on your home's assessed value; if this value is higher than what your home is actually worth, you're essentially throwing money away. Knowing your home's value can empower you to make informed decisions and potentially lower your tax burden.
Checking your home value by address is simpler than you might think. Start by using online tools like our home estimate form, which provides a free property comps report. This report will give you an idea of recent home sales in your area, helping you to compare similar homes and their values.
Additionally, consider hiring a professional appraiser for a more accurate assessment. The key is to gather enough information to make a compelling case if you decide to appeal your property taxes.
Property taxes keep rising as counties reassess values regularly, leading to higher bills. Many homeowners never appeal their tax bill, allowing annual increases to go unchallenged. Don’t make this mistake—review your assessment regularly!
Appealing your property taxes can result in significant savings. A successful appeal puts money back in your pocket and can make your home more attractive to potential buyers, who may avoid homes with higher tax rates.
1️⃣ Don’t Let Your Taxes Rise Unchecked! Regularly review your assessment to ensure you’re not overpaying.
2️⃣ Know Your Appeal Deadlines: Every county has a limited window to file an appeal, sometimes just 30 to 90 days after receiving your assessment notice. Check your county’s tax office website for specific deadlines.
3️⃣ Research the Appeals Process in Your County: Each county has its own process for filing appeals. Visit your county website to download necessary forms, understand submission steps, and check for special exemptions (e.g., Homestead, Veteran, Energy-Efficiency, Disability, Agricultural, etc.).
4️⃣ Compare Your Home’s Value with Recent Sales: Get a list of recent home sales in your area to compare similar homes. Look at square footage, number of bedrooms & bathrooms, home condition & upgrades. If homes similar to yours are selling for less than your county’s assessed value, you likely have a strong case for appeal.
5️⃣ Use a Property Comparison Spreadsheet: A detailed spreadsheet will help organize your case with all relevant data. We have a great property comparison template—just ask, and we’ll send it to you!
6️⃣ Consider Hiring a Tax Appeal Attorney: If you’re short on time, some attorneys specialize in property tax appeals. Many work on a contingency fee basis, meaning they only charge a percentage of what they save you. If you’re interested, we can connect you with experienced professionals in your area.
At Texas United Mortgage, we want to help you lower your tax burden and maximize your savings. Want to check your home’s value before filing an appeal? We’ve got you covered!
📞 Call us at 1-888-505-1718 for a FREE comps report or use our home estimate tool to check your property value before filing an appeal. Our experts are here to guide you through the process, ensuring you have all the information needed to make a successful appeal. Click here for your Free Home Valuation
Get instant blog update right into your mail box
Comments