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10-27-2007, 04:45 PM
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Reassessment + Reappraised = Property Taxes Dropped???
I hear this formula so many times, even on Good Morning America. They say it takes a few weeks to complete this process. Also heard you can get a comparison sheet of other people's home taxes in your subdivision or neighborhood and "head for City Hall!" I got the comparison sheet from the realtor, but did not go to City Hall. Everyone looked like they were in the same "tax boat". I let it go and figured "my arms are too short too box City Hall" and it would be a TKO. Another realtor told me it could go the other way -- your taxes can be raised. What's the real deal on "trying" to lower property taxes and what was the equasion factor if you tried the formula?
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