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Old 03-21-2009, 04:55 PM
 
Location: Houston
202 posts, read 807,688 times
Reputation: 79

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HCAD appraised our house 25K more last year and another 30 this year. We lost the protest last year.
There are a lot of new high $$ houses being built in the neighborhood and it is jacking with our rates.
Any hope?
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Old 03-21-2009, 06:18 PM
 
2,639 posts, read 8,289,966 times
Reputation: 1366
Quote:
Originally Posted by daisybear View Post
HCAD appraised our house 25K more last year and another 30 this year. We lost the protest last year.
There are a lot of new high $$ houses being built in the neighborhood and it is jacking with our rates.
Any hope?
YES!!! you tell them people will buy new and yours will sit on the market. It is not upgraded like the new houses, it cant compete with the new...blah blah blah....rattle on and on and they will relent. But you do need comparables.
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Old 03-22-2009, 10:29 AM
 
23,177 posts, read 12,223,977 times
Reputation: 29354
Quote:
Originally Posted by westres1 View Post
you can do it online now...and the firms like o'conner take 1/2 of what you save. I think they are bloodsuckers and I throw O'conner letters away everytime I get one.
Some protests can be done online. If you are disputing based on property condition or repairs or wrong information (i.e. wrong square footage) you must go in person. All they are doing online is rechecking their own data, taking a closer look at their own comps.

O'Connor provides a service for a fee, they found a niche. I agree that they put little effort into it and are making their money by dealing in volume rather than fighting appraisals aggressively. But they are getting something for people who might otherwise have done nothing. It used to be a lot of people just accepted their appraisal increases because they were too busy or ignorant to protest themselves.

I believe Paul Bettencourt just started a similar service and knows the process even better - he used to run it.
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Old 03-22-2009, 02:08 PM
 
Location: Katy,TX.
4,244 posts, read 8,762,489 times
Reputation: 4014
Quote:
Originally Posted by DiverTodd62 View Post
.
I believe Paul Bettencourt just started a similar service and knows the process even better - he used to run it.
Thanks for the heads up, I'm going to look into that lead.

Edit; I just found it http://www.btanow.com/0/1529900/0/35790/ rep+1
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