Is Property Tax Reduction Possible?

Property taxes have become the bane of our existence. Is there a way to reduce property taxes?Rick Snoddy of Goodman Realty say's yes! One of his specializations is Property Tax Reduction Services. As someone who has championed this cause for thousands of property owners, he would know!

Tax relief is available to veterans, the elderly and sometimes low-income home owners, as well as the average property owner who feels their property is being taxed too much. Statutory Law requires an avenue for the dissatisfied tax payer to seek redress. They have the right to submit paperwork to challenge their assessment.

A property has to have grounds for a challenge to the assessment. Some causes for the challenge are if the assessment was over market value, the property was misclassified as a farm as a commercial property, or there was a mistake in description of the property such as the actual square footage is incorrect. There are many reasons it would be reasonable to make a challenge for reduction. To start, a determination has to be made for grounds to challenge.

If you think your property is over-assessed, Rick suggests that you contact a Tax Reduction Specialist. Some will do a preliminary consultation for free to determine if they can help you. If they can help, they may charge a commission of a percentage of your first years tax savings,or may charge an up-front fee. He recommends that you work with a tax specialist who works on commission, since they will only take the case if it is likely to be successful.