DO NOT CONFUSE AN ASSESSMENT WITH AN
It is not necessary for a tax payer to hire an attorney or an
appraiser to obtain information when requesting a review for an
assessment reduction. A major departure from
typical appraisal practice is the market time frame under
study. The assessor analyzes all sales occurring
during a three-year period immediately preceding the assessment
date. By contrast, an appraiser will generally
not use sales that occurred more than six to nine months prior to
the date of valuation without a detailed explanation as to why such
dated sales were used.
assessments are established by using state mandated uniformity
requirements that can conflict with marketing values and the
subjective nature of adjustments used by fee
appraisal. Assessed values are not a reliable
indicator of market value while the goal of an appraiser is to
estimate the true market value of a property, so that the lender
can make an informed decision when providing a loan.
market conditions tax payers are being marketed that their taxes
can be reduced. The evidence prepared by these marketers is
typically evidence that is too current for assessment purposes
making an assessment reduction request premature.
The end result in
many cases is the tax payer ends up paying an unnecessary fee.
Please contact my
office to discuss your assessment before you hire a market