Another method to figure out the proper assessed value of your home is by using an appraiser. An appraiser will look at the history of sales and, at comparable sales, will formulate an opinion, and will come up with a market value based on the information that he has. An appraisal report will be very…
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Generally an appeal of your property taxes begins when you file a petition with the county of the town where your property is located. That generally is done by April 1 of each year, although sometimes the deadline is pushed to May 1 of the tax year if your town has undergone a municipal-wide reassessment.…
If you’re considering appealing your property taxes, you need to understand that your property taxes cannot be reduced directly. Instead, the way your taxes are reduced is by reducing the value at which your property is assessed. What this means is that you, as a taxpayer, have the burden to prove that the assessed value…
Given the recent economic climate, many of the transaction we are working on today are what are called “short sales.” A short sale is a sale of real estate in which the purchase price is not sufficient to pay off the mortgages on the property. In this kind of situation, a negotiation must take place…
A real estate transaction begins with the signing of the contract. The real estate contract is typically long and confusing. The attorney will sit down and meet with the client and will explain the pros and cons of each clause of the contract. Afterwards, we will come to either agree with a contract or disagree.…
