Bethesda home-owners: Do NOT Let Property Taxes Weigh You Down! If you recently received your property tax assessment in the mail and are surprised to see a high increase in valuation, it may be time to appeal your property taxes. There is no reason to pay more taxes than necessary. The tax assessment may be analyzing values in a manner that is not consistent with true neighborhood comparables. So if you make a written appeal, and are successful, that could save you some bucks.
To do so, you will need to prove that the market value of your property is significantly below the assessed value. I can help you determine market value because I can access comparable property sales figures from the last few months which will show the current market value of your property, which is to say recent sales price of similar properties in the same neighborhood. A house near yours may have sold with all new windows, upgraded kitchen and bathrooms, and if yours doesn’t have these features, this may be why the assessment is not accurate.
If you would like a Comparable Market Analysis, I can providethis to you on a complimentary basis. For properties located in Bethesda, Chevy Chase, Kensington, Rockville or Silver Spring, just send me an email, with your property address and your complete contact information. Be sure to include a description of the home's size (number of bedrooms, bathrooms etc), current condition, improvements or upgrades you have made, and I will send you the CMA in a form that you can use for the appeal.
To obtain more information on the appeals process, check out the following web site:
Click here for more information on the appeals process
Click here to obtain a Petition form
I am here to help, so email me today!
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