Wife and I recently re-financed, bank appraised at 165M, just received tax valuation at 193M, up $20,000, and obviously our real estate tax bill will go up. Anyone know the process to fight this? And if you know the process is it a real pain or pretty easy. Any help is appreciated. Ricardo
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My husband and I asked for a BOR from the auditor's office. We went in with documentation from other properties in our area that showed our valuation why too high. You can find this information on ARIES. I found the review fair and quickly resolved.
We loped $40,000 off the value of our home and it made a considerable savings on our tax bill.
Submit the appraisal you received along with the form found on the auditor's website.
We filled out the form and sent in surrounding homes that have sold for much, much less than our current value. They lowered our value, which made our taxes much lower. Waiting on our refund check.
(not happy to have to lower our value, but we're not going anywhere for a long while..)