Kumpfer's Blog

So you've received a notice of assessment on your house and the notice states that if you feel that you could sell your house for the assessed amount or more the value is fair.  We have gone to a "fair market system" now right?Wrong!Well, not necessarily...fair market value involves multiple appr...

For those of you (you know who you are) who want to know a little more about the 2% circuit breaker go here:http://www.in.gov/dlgf/news/circuitFS.htmlAnd for the real information nuts out there try this one:http://www.citiesandtowns.org/content/Hometown/CSTFP_CircuitBreaker.pdfThis circuit breake...

Hello All...My neighbor and I were talking and he asked me about his son's property tax bill on a house in Hammond, Indiana.  I did a little research and found out that his son didn't file for his homestead exemption with the County Auditor's Office.Now I know most of us take advantage of this hu...

I've had a lot of clients ask me recently what trending is and what it will mean to their bottom line.I like to think of trending as a "mini-reassessment" of real estate values for tax purposes.  The township assessor is directed (by the State) to analyze all the recent sales disclosures within a...