Your local tax assessor may have your home overvalued if your home not appreciating as much as other homes close to yours. This
only means you're probably paying higher taxes than you should be paying.
Most localities determine your property tax burden based on an ad valorem assessment of the property's value. Sometimes, as a property
owner, you get an unwanted surprise in the mail telling you your taxes are going up, and sometimes it may seem as though your assessment is too high.
Often, matters like this can be resolved with a phone call. However, if after discussing your assessment with your local taxing authority you
still feel as though your property was overvalued, a professional, independent, third-party appraiser is often your best bet in proving your case.
That's where we come in.
There are as many different procedures for appealing assessments as there are property taxing districts, so it's important to enlist the help
of a professional appraisal firm that's experienced and trained in the ins and outs of your particular jurisdiction.
Please note: It makes sense to do your own research before determining whether to go forward with a property assessment appeal, especially
before you make the decision to hire a professional appraiser. However, according to the Uniform Standards of Professional Appraisal Practice (USPAP),
we are not allowed to take "shortcuts" -- i.e., your research -- and use it on its face as part of our independent evaluation. When you hire us for
an assessment appeal, you're commissioning an independent, third-party professional appraisal report. As such we do our own evaluation, beginning to
end. If you're right that your property has been overvalued, an independent report such as ours will be even more persuasive than any other evidence
you can marshal on your own. But it depends on our ability to do the work independently.
Sometimes, you will have a hearing on your assessment appeal and the sooner you take care of a matter like this, the better, since your property
assessment may likely go up again in the next period. Getting a professional appraisal from Priority Appraisal is your perfect weapon when
contesting your property tax assessment.