Here you will find answers to your questions about the appeal process.
Scenario One: Let’s assume that your assessment is too high – obviously you would want to appeal to try to lower the assessment. No more explanation is needed here.
Scenario Two: Let’s assume that your assessment is very low and you are thrilled with the assessment. In that case you would still want to appeal even though you have a great assessment. The way that I do an appeal for you results in the assessment that I achieve being frozen for three years – the year appealed plus two more years!!. Therefore, if you had a great assessment, you can see the value of filing an appeal – we would not be trying to get the assessment lower – our only purpose would be to “freeze” that great assessment that you have for two additional years and keep the tax assessor from being able to raise your assessment during that period – there are ways you can lose the freeze you are given – for example, if you made an addition to your home – but, by far, most of the time, the freeze remains intact.
Scenario Three: In this example your assessment is about right and you are relatively comfortable with it – we should still appeal – for the same reasons as stated in Scenario Two – even if you feel your assessment is about right, the tax assessor is notorious for always trying to increase the assessment on a taxpayer’s home – especially as the economy begins to recover – by appealing, we can keep the tax assessor at bay for the next two years following the year we appeal – keeping the tax assessor away could save you thousands of dollars.
Scenario Four: This category is where you have already had an appeal and you are in the “frozen” period. In this scenario, I do not normally recommend appealing because appealing during the time your assessment is frozen unfreezes the freeze and you lose the protection that you had – there are some extraordinary circumstances that would warrant filing an appeal under this scenario – like something dramatically happening in your neighborhood that would detrimentally effect the value of your home – but such circumstances would be rare. Therefore, if you are in Scenario 4, I would recommend that you sit tight and enjoy the freeze.