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Real Rsiaite
Eileen M. Day REALTOR
111 1 • APPEALING PROPERTY TAX
Real estate taxes are based on brief visits by assessors, who rate the quality, quantity and condition of your property. Assessments are subjective, sometimes arbitrary, and almost certainly contain errors. If they unfairly raise your taxes, an appeal may save you hundreds of dollars — every year, for the foreseeable future. Nationwide, less than 2% of all property assessments are challenged. In the vast majority of cases, those who do appeal get their taxes cut. It's worth the effort.
There is one warning, you must be careful. An appeal can lead to a new assessment, so there is the outside chance that your taxes may be raised, not lowered. If you conclude that your assessment is high, think about appealing it. Your first step is to visit your local assessor and get a copy of the report on your property. Check it for obvious errors in math, size, number of bathrooms, etc. If simple errors were made, chances are good the assessors will correct them, then and there.
If there is anything we can do to help you in the field of real estate, please stop in at EILEEN M. DAY, Realtor, the Clopton House, Washington, Virginia, 22747. Phone 675-3033. We're here to help.
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