PROPERTY ASSESSMENT APPRAISALS

Most localities determine your property tax burden based on an ad valor em assessment of the property's value. Sometimes, as a property owner, you may receive an unwanted surprise in the mail indicating that your taxes are increasing. It may also seem that your assessment is too high. Often, these issues can be resolved with a simple phone call. However, if after discussing your assessment with your local taxing authority you still feel that your property was overvalued, a professional, independent, third-party appraisal can be your best option to prove your case.

•     What You Need to Know - Before moving forward with a property assessment appeal, it's important to do your own research, especially before deciding to hire a professional appraiser. According to the Uniform Standards of Professional Appraisal Practice (USPAP), appraisers must adhere to strict guidelines:

•     Independence: Appraisers cannot become advocates for your cause.

•     Fee Structure: They must charge a flat fee for their services and cannot work on a contingency fee basis.

•     Thorough Evaluation: Appraisers cannot take shortcuts by using your research as part of their independent evaluation. They must conduct their own comprehensive assessment from start to finish.

• The Appraisal Process  When you hire an appraiser for an assessment appeal, you are commissioning an independent, third-party professional appraisal report. This report is generated through a meticulous evaluation process and can be highly persuasive if you believe your property has been overvalued. The credibility and thoroughness of an independent appraisal report often carry more weight than any evidence you might gather on your own.

• Experience Matters  With years of experience as a Small Claims Assessment Review (SCAR) hearing officer in New York State, Jason has extensive experience in deciding cases between homeowners and assessors. Additionally, Jason has helped many residents successfully lower their tax assessments over the years.

If you believe your property has been overvalued, contact us now for a free review. We can help you determine the best course of action to ensure your property tax assessment is fair and accurate