Should You Appeal Your Home Low Tax Appraisal?

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Given the volatile and rather frightening state of housing market, many homeowners have been receiving notices from their county tax assessment boards appraising their homes lower than their current mortgages and thus lowering their home taxes. While many people would welcome a little more money into their pockets, some homeowners might be thinking this cannot be a good omen for them or the neighborhood. Hence, the question is whether homeowners should, in general, fight lower tax appraisals. The short answer is no.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Doron Eghbali, Law Advocate Group, LLP | Attorney Advertising

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