U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Texas > San Antonio
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 06-02-2015, 10:15 AM
 
Location: San Antonio, TX
100 posts, read 170,695 times
Reputation: 70

Advertisements

We have our informal hearing on Friday - I'm busy preparing my comps!
Reply With Quote Quick reply to this message

 
Old 06-02-2015, 10:33 AM
 
12 posts, read 13,514 times
Reputation: 20
I only used one comp (I'm in a small neighborhood), which fortunately for us was the same floor plan and age as our house and sold just a few months ago. Our new value is the same price that this house sold for, which is appropriate IMO. I padded my appeal with a bunch of other data just to be sure!
Reply With Quote Quick reply to this message
 
Old 06-02-2015, 11:45 PM
 
Location: Texas
261 posts, read 251,426 times
Reputation: 343
The bad part is some folks wanting to sell their house will use it for their argument that their house is worth more than actual market value.
Reply With Quote Quick reply to this message
 
Old 06-03-2015, 09:15 AM
 
Location: Shavano Park, TX
156 posts, read 177,361 times
Reputation: 271
Quote:
Originally Posted by SanAntonioBrit View Post
Anyone have any news on their protests? I got my 2015 increase completely revoked through the informal online review process. In fact, the offer they made me was BELOW 2014 even. My house is now comfortably 5 - 10% below comparable homes in the neighborhood (I argued for above market).
I spent 5 minutes with the BCAD rep in my informal meeting - presented my build/sales contract and comps in the neighborhood and they immediately agreed to knock 9.8% off my appraisal right down to what I paid for the house. In my case, this alone will save me over $5k in taxes (50k to 45k) - so I consider it a good use of my time ($1,000/minute)
Reply With Quote Quick reply to this message
 
Old 06-03-2015, 11:51 AM
 
363 posts, read 652,696 times
Reputation: 238
Quote:
Originally Posted by rrbcfy View Post
I spent 5 minutes with the BCAD rep in my informal meeting - presented my build/sales contract and comps in the neighborhood and they immediately agreed to knock 9.8% off my appraisal right down to what I paid for the house. In my case, this alone will save me over $5k in taxes (50k to 45k) - so I consider it a good use of my time ($1,000/minute)
Your property taxes are $45k???
Reply With Quote Quick reply to this message
 
Old 06-03-2015, 12:04 PM
 
18,661 posts, read 13,459,173 times
Reputation: 14062
Quote:
Originally Posted by SsnTktHldr View Post
Your property taxes are $45k???
I thought the same thing lol
Reply With Quote Quick reply to this message
 
Old 06-03-2015, 12:58 PM
 
Location: San Antonio
4,149 posts, read 9,298,014 times
Reputation: 3308
Quote:
Originally Posted by rrbcfy View Post
I spent 5 minutes with the BCAD rep in my informal meeting - presented my build/sales contract and comps in the neighborhood and they immediately agreed to knock 9.8% off my appraisal right down to what I paid for the house. In my case, this alone will save me over $5k in taxes (50k to 45k) - so I consider it a good use of my time ($1,000/minute)
Awesome! Love hearing those success stories!
Reply With Quote Quick reply to this message
 
Old 06-03-2015, 03:44 PM
Bo Bo won $500 in our forum's Most Engaging Poster Contest - Tenth Edition (Apr-May 2014). 

Over $104,000 in prizes has already been given out to active posters on our forum and additional contests are planned
 
Location: Ohio
16,811 posts, read 33,097,272 times
Reputation: 13587
Quote:
Originally Posted by rrbcfy View Post
I spent 5 minutes with the BCAD rep in my informal meeting - presented my build/sales contract and comps in the neighborhood and they immediately agreed to knock 9.8% off my appraisal right down to what I paid for the house.
I have long been suspicious that BCAD deliberately estimates high after sales to force buyers to choose between overpaying on taxes and disclosing their sale price.
Reply With Quote Quick reply to this message
 
Old 06-05-2015, 12:10 PM
 
163 posts, read 266,397 times
Reputation: 83
Quote:
Originally Posted by rrbcfy View Post
I spent 5 minutes with the BCAD rep in my informal meeting - presented my build/sales contract and comps in the neighborhood and they immediately agreed to knock 9.8% off my appraisal right down to what I paid for the house. In my case, this alone will save me over $5k in taxes (50k to 45k) - so I consider it a good use of my time ($1,000/minute)
How do you teleport in? The most annoying part for me is having to trek downtown and back.

Went in for an informal last year when they tried to raise me $20k, only managed to get it down to a $10k increase.

This year they're trying for another $25k increase, so I mailed it in again, and remembered to include a request for their evidence packet. Hoping to get it below last year's assessment.

Sadly some of my neighbors apparently never bother to protest, so I have my next door neighbor's tract home assessed at a higher/sf than my custom home (our neighborhood is about a 50/50 mix).

My parents had very good luck this year getting their assessments down, in many cases below even last year's assessment. One that they did particularly good at (-$57k) was because they had taken numerous photos of needed repair issues and dated aspects of the home, to differentiate from some of the higher comps.
Reply With Quote Quick reply to this message
 
Old 07-10-2015, 12:12 PM
 
360 posts, read 656,685 times
Reputation: 367
I have my informal protest meeting scheduled for Thursday 07-16. I was provided a CMA from Wade Becker [fellow CDer, realtor and super nice guy]. Should I take this info and/or anything else?
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Options
X
Data:
Loading data...
Based on 2000-2016 data
Loading data...

123
Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Texas > San Antonio
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2019, Advameg, Inc. | Please obey Forum Rules | Terms of Use and Privacy Policy

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top