Home, Property, and Real Estate

First of all, every states property assessment process is very similar.  They all start off with the commonly accepted appraisal methods.  There is the cost, comparable, and income approaches.  As fair as residential they are mostly focused on the comparable approach.  This is where similar sold properties to the subject, are compared and differences are adjusted to the properties value.    

So the ci Read the rest of this entry »

The methods that local governments use to assess property tax differ from municipality to municipality.  The first thing you need to do, in order to find ways to lower your property taxes, is to find out how the municipality in which you reside determines property value.

Review you property tax information.  The municipality that governs your property tax, in most instances this is the county, keeps records on your pro Read the rest of this entry »

Property taxes are a major concern for the commercial real estate landlord.  No matter where you are, they are not going down.  There is, however, a method for appealing commercial property taxes

Every community has a different way in which they assess the commercial property tax.  The first thing you need to do is to understand how the community in which you own commercial property assesses taxes against that propert Read the rest of this entry »