A Brief Overview on Property Tax Reduction and Property Tax Relief

Property tax reduction:

According to a survey, over 60% of property owners are over assessed by the city taxation authorities. The most shocking fact is to know that less than 2% of the property owners requested re-assessment and still 58% of the owners are paying tax on their over-assessed property. People may feel surprised to know that 70% of owners win their case and enjoy the reduced property taxes. Therefore, it is important for the house owners to scrutinize their annual property levy assessment.

Have you ever think that your property is over-assessed? If yes, then carry out the research. Contact your taxation authority to know your property tax assessment. However, if the owners find their property is over scrutinized and become successful in collecting the strong evidence, they can save $200-$3000 dollars about every year. However, the savings value may vary depending on number of factors such as your … Read More