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My sister is considering going for a decent home in Wantagh SD. The taxes are exorbitant compared to other homes in the area. If people grieve using a reputable professional company, does that guarantee a reduction?
No but you have a good chance of it since they will go fight a denial in court for you. The statistic was something like 80% of people who grieved THEMSELVES got a reduction. Regardless it's never a guarantee and you shouldn't rely on it if that makes or breaks your decision. It's a good SD for the lower home prices compared to other good districts. But their taxes - there's always a catch.
Nassau sux because they reassess every year. Suffolk does assessments through their towns and can't/doesn't adjust your assessment if you win big... and it's way too much money for Suffolk's towns to do a complete reassessment.
Nassau sux because they reassess every year. Suffolk does assessments through their towns and can't/doesn't adjust your assessment if you win big... and it's way too much money for Suffolk's towns to do a complete reassessment.
I believe it's every 2 years. 2016 next.
Suffolk sux because they don't have a site like mynassauproperty.com where you can see and do everything.
I stand corrected. Even so, in Suffolk you can go 10, 20, 30 years without a reassessment as long as you don't trigger anything for it (i.e. get a building permit, build an addition, etc)
Too late to grieve this year deadline just passed recently. You need to go to the Nassau County Landrecord viewer and look up details of house etc
BTW now if you grieve since you missed deadline 10-1-2017 is earliest you can get a reduction. You cant even enter a grievance until Jan 2016
Maybe owner already has a grievance pending.
Nassau reassesses every four years now as they could not afford to do it every year. We are almost at year six of them not doing it as Sandy screwed up the schedule.
But either Jan 2016 or at latest Jan 2017 they will reasses everyone again.
NYS you can only raise assessed value a max of 20% over a five year period so a house with a very low assessment even if they reassess for a lot more it could take 10-20 years to get back to full market value at 4% a year.
I have seen some one million dollar homes assessed for 475K. Do the math, even if they get reassessed 475K compounded at 4% is a very long time to get to One million,.
NYS you can only raise assessed value a max of 20% over a five year period so a house with a very low assessment even if they reassess for a lot more it could take 10-20 years to get back to full market value at 4% a year.
I have seen some one million dollar homes assessed for 475K. Do the math, even if they get reassessed 475K compounded at 4% is a very long time to get to One million,.
You've brought this up before and I still don't understand why we would want it assessed higher.
Does it affect appraisal and a sale not going through?
I stand corrected. Even so, in Suffolk you can go 10, 20, 30 years without a reassessment as long as you don't trigger anything for it (i.e. get a building permit, build an addition, etc)
Only in some Suffolk Towns can you go that long. Southampton reassesses very frequently, like every year or two. This is good because if done correctly it keeps everything fair and reduces the number of successful grievances. But it is often unpopular with politicians who are up for election.
Several Suffolk towns have the full tax roll available to the public on line and it's also available to view at the Assessors Office.
That's the first place to start if you want to do it yourself. The companies that do it for a fee have complete digitized tax rolls for all 10 towns in Suffolk. They obtain the data from the County Treasurer who is ultimately responsible for collecting delinquent taxes and making the Towns and School Districts whole. If you don't like digging around for this kind of data, hire someone to do it.
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