Comments on: How To Challenge Your Property Tax Assessment http://www.thatonecaveman.com/2008/06/how-to-challenge-your-property-tax-assessment.html The journey of one young family out of debt and into building wealth Wed, 07 Jul 2010 17:45:44 -0700 http://wordpress.org/?v=2.8.5 hourly 1 By: Mrs. Micah http://www.thatonecaveman.com/2008/06/how-to-challenge-your-property-tax-assessment.html/comment-page-1#comment-620 Mrs. Micah Tue, 24 Jun 2008 18:41:56 +0000 http://www.thatonecaveman.com/?p=222#comment-620 The company I worked for last year had an item in their budget which was specifically to have all the buildings independently assessed. And they always made up the money by saving twice as much as they paid. I guess counties are often tax-happy...if people don't complain then it's easy money. The company I worked for last year had an item in their budget which was specifically to have all the buildings independently assessed. And they always made up the money by saving twice as much as they paid. I guess counties are often tax-happy…if people don’t complain then it’s easy money.

]]> By: That One Caveman http://www.thatonecaveman.com/2008/06/how-to-challenge-your-property-tax-assessment.html/comment-page-1#comment-604 That One Caveman Mon, 23 Jun 2008 19:03:06 +0000 http://www.thatonecaveman.com/?p=222#comment-604 Spending the $300 was an educated gamble. I knew the property values in my area were much lower than what the assessor said. I also knew that I only had to get my tax burden decreased by $100 to break even (since the assessments are done every 3 years). And even though my appraisal came out higher than I expected, I reaped secondary benefits from it by being able to take control of my property tax and insurance escrow. Now I'll be able to collect at least 3 times as much interest on that balance as I was able to before. That alone will recoup the cost of the appraisal in a few years. Spending the $300 was an educated gamble. I knew the property values in my area were much lower than what the assessor said. I also knew that I only had to get my tax burden decreased by $100 to break even (since the assessments are done every 3 years).

And even though my appraisal came out higher than I expected, I reaped secondary benefits from it by being able to take control of my property tax and insurance escrow. Now I’ll be able to collect at least 3 times as much interest on that balance as I was able to before. That alone will recoup the cost of the appraisal in a few years.

]]> By: Travis http://www.thatonecaveman.com/2008/06/how-to-challenge-your-property-tax-assessment.html/comment-page-1#comment-603 Travis Mon, 23 Jun 2008 18:47:40 +0000 http://www.thatonecaveman.com/?p=222#comment-603 The only thing that I'd be hesitant to do is spend $300 on a full value appraisal when they still might not come down on my taxes any. Then I'm stuck spending an extra $300. I agree it's worthwhile, but I'd have to think long and hard before doing that. Hope it works out for you for the best. The only thing that I’d be hesitant to do is spend $300 on a full value appraisal when they still might not come down on my taxes any. Then I’m stuck spending an extra $300. I agree it’s worthwhile, but I’d have to think long and hard before doing that. Hope it works out for you for the best.

]]> By: Personal Finance Buzz http://www.thatonecaveman.com/2008/06/how-to-challenge-your-property-tax-assessment.html/comment-page-1#comment-601 Personal Finance Buzz Mon, 23 Jun 2008 16:22:18 +0000 http://www.thatonecaveman.com/?p=222#comment-601 <strong>Personal Finance Buzz...</strong> Your story was featured in Personal Finance Buzz! Please visit and promote your article.... Personal Finance Buzz…

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