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Lower your tax liability: get a fresh assessment of your home’s value.

You can lower your tax liability by getting a fresh assessment of your home's value.

Communities are feeling the sting of tumbling property values as more taxpayers appeal their assessments - and successfully lower their tax liabilities.

Read about it:

http://realestate.msn.com/article.aspx?cp-documentid=21519782

By Amy Hoak of MarketWatch

Paul Stillwaggon,
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Posted by Frank Festa NJ Estates Real Estate Group on 10/28/2009 06:36 AM

Comments (4)

Lower Your Tax Liability in the Technology and Tools Channel

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Originally posted at: New Jersey Estates/Weichert Realtors/ NJ Luxury Real Estate/ New Homes: Lower your tax liability: get a fresh assessment of your home’s value.

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4 Comments on Lower your tax liability: get a fresh assessment of your home’s value.

OCT

Interesting article. In the Boston area, the towns are all so financially cash-strapped, that it has been a problem for the towns to respond to requests for an abatement of the property tax. We will probably see more towns requesting voters to allow increases in the tax rates to cover the lost revenues based on value. Either way, the residential homeowner is going to bear the burden as more commercial businesses close down.

Thank you for the reply to my Post. Property tax reductions could help lower operating costs. The municipal governments must cut spending.

Everyone I know will be appearing before the local tax review boards this coming Spring in an effort to reduce their property taxes. This is becoming a rite of Spring in our neck of the woods.

Thank you for your comment. Regards,

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