be worth the hassle to get your assessment lowered . If , however , you believe your home is being significantly over-assessed , you should consider filing for an appeal .
Let ’ s say the assessor appraised your home at $ 250,000 and you think it ’ s valued at $ 200,000 . You have until the end of the fourth Monday in June to appeal your assessment . ( For 2016 , the deadline is June 27 .)
If you ’ re not sure of the true value of your property , contact a Realtor . Remember that the assessor is appraising the value as of January 1 ( five months in the past ). They ’ ll need to see comps dated January 1 or before that show the values of similar houses . A Realtor can find this information for you . If you present comps that show properties similar to yours that sold for $ 200,000 , you have a shot at getting your assessment lowered .
Before you file for an appeal , phone the tax assessor who evaluated your home . Their contact information is at the top of your Assessment Notice . Have on hand the documentation you got from your Realtor , and discuss
your findings with the assessor . They have the authority to lower your assessment right then and there if you convince them the value is off .
If they don ’ t agree to lower the assessment , then you can apply for an appeal . ( Remember to apply by the fourth Monday in June .) You ’ ll include your evidence with the application , and if your appeal is accepted , a hearing date is set . At that hearing you won ’ t appeal to the tax assessor but rather to the county commissioners who will weigh your facts and evidence .
5 . We are happy to help you .
We can accompany you to the appeal hearing . Agents in my office , Front Street Brokers , have gone to these hearings and have successfully helped our clients lower their property tax assessments .
We ’ re happy to help you through every step of the process . Reach out to us at ( 208 ) 340-8399 or email me at mike @ frontstreetbrokers . com .
At my real estate firm , Front Street Brokers , we teach clients how to take a Value-Driven Approach to Sell Real Estate . By treating your home as an investment – like a business with a stock price versus a home with a sale price - there are unique ways to manipulate the perceived value of any home on the market . Because maximum profit for a home seller cannot be guaranteed , it must be engineered . For a more in-depth discussion on this topic , request a free copy of my book , by emailing me at Mike @ FrontStreetBrokers . com or go to http :// mybook . FSBrokers . com
More Still to Come at www . MikeTurnerBoise . com