Tips For Appealing your Property Tax Assesment

| February 9, 2015 | 1 Comments

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Sponsored Post by:  Jim Gunsiorowski with Murphy Washo Gunsiorowski of Berkshire Hathaway PenFed Realty

timthumb-1We would like to thank everyone who came out Monday night to our Tax Assessment Workshop. We had a capacity crowd in attendance, which tells us a lot of you have questions or concerns about your recent assessments.

Marie Smith, Supervisor of Assessments in Baltimore City, was very helpful and informative for the group. If you plan to appeal the City’s assessment of your home, here are some quick tips to help you prepare for your appeal:

1. We find the best way to appeal is in person, as you will be able to explain and answer questions about your home better directly to the Assessment Office.

2. We recommend that you provide the assessor with several recent comparable sales to help your case. Without providing a sales history, they might not be inclined to make a change.

3. The assessor does not always have accurate info regarding your home. We recommend confirm- ing that the assessor has the correct square footage, # of bedrooms, # of bathrooms, etc., as this could affect their evaluation of your home.

4. Don’t be afraid to bring photos of your home to the appeal. This is a great way to show the condi- tion. Assessors have never been in your home, so knowing you have a feature to justify your appeal is very helpful.

Also, did you receive a 2nd tax assessment notice this week? If so, don’t ignore it, as that is the final assess- ment value they will be using to establish your upcoming property Tax Bill. Representatives from the State Department of Taxation (SDAT) told us at our Tax Assessment Workshop: Based on the real estate transac- tions in the 4th quarter of 2014, SDAT felt the 1st assessment notices they sent out were inaccurate. They felt they needed to review the assessments more closely based on this recent data, which led them to send out 2nd Tax Assessments to many people. Some assessed values went up and some went down. If you’re planning to contest your assessment, you should reference the value from the 2nd assessment and not the 1st.

Murphy Washo Gunsiorowski & Associates has consistently been a top selling Team in the Baltimore Metro Area specializing in townhomes, condos and investment properties surrounding the Inner Harbor.  The Team’s focus is on superior customer service, professionalism and honesty.  Steve Murphy has been selling Real Estate full time for over 16 years and has helped more than seventeen hundred clients buy and sell homes in the Baltimore area.  Steve’s team has consistently been ranked the #1 Sales Team in Baltimore since their inception.  He is in the top 1% of all Realtors nationwide and is professionally trained by one of the Nation’s top coaching organizations.  This keeps the team 100% focused on the real estate business and allows for consistent market condition updates.   Steve and his support staff have developed a comprehensive system to maintain excellent service and client communication.  They truly believe this will be your Best Real Estate Experience.

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