How to Save on Property Tax
The housing market has been in shambles for years now. Many homeowners have the seen the appraisal value of their homes slashed by more than 50%. If that doesn’t hurt enough, then you receive a surprise in your mailbox- your property tax bill. With everything that has dropped in value, you almost expect your bill to be less. Then you see it. Your property tax bill went up! Say what? How can it be? If this has happened to you- it’s happened to many- don’t fret. Here are three things you can do to fix your property tax bill.
1. Look for Errors on Property Tax Bill
We all know our property tax is based on the assessed value of our home. Usually, it’s about 1.1 percent of that value of the home, but that varies greatly with each state and even more with each county. In our county, we pay approximately 1.7% on property tax. It might sound high to some, but our county is actually less expensive than the a few of the neighboring ones. […]
