Posted by Rick Delgado on Friday, August 28th, 2015 at 9:38am.
When tax time comes calling, and you see the tax bill but think you’re paying too high an amount in taxes then it might be time to take a closer look at what you are paying. Millions of Americans overpay their property taxes every year. It is always ideal to take a re-examine at any bills or charges you get when receiving a bill for something.
Make sure you’re not paying more than you should when it comes to your property tax bill using these three tips.
Check Your Home Assessment For Errors
Check to make sure that the right amount of bedrooms, bathrooms and acreage for the home are indeed, what they should be. Even the smallest mistakes such as having a .30 acre home that is not a 3.0 acre home can come up. People are only human and these mistakes can, and do happen from time to time. Reviewing the papers carefully, and letting the assessor know whats wrong can help them adjust the taxes properly.
Check out the values of the other homes in the area that are similar to
yours. Do their assessments line up to yours? Are the same value, more or less? If a neighbors home that has much more space and extras than yours is being assessed at only $20,000 more than yours, it is time to speak with an assessor about what you’re going to be paying.
Exemptions in Taxes
Are you taking advantage of the specific exemptions set for your state. Many states have certain regulations that you can get a reduction when using such as veterans, senior citizens and disabled. You might also get a tax break for energy efficient upgrades and historic buildings. It never hurts to look everything over, make sure it is true and correct or speak with the assessor about the assessed value of the home prior to paying them out. You want to have the best outcome possible, but you also want to ensure you’re paying the correct amount.
Rick Delgado is a real estate specialist serving the greater Sacramento area. Rick's knowledge of the market goes beyond details of price and amenities; he is also in tune with the local market trends. Contact him online or get in touch directly by calling 916-226-1136 .