Why You Should Hire a Property Tax Specialist to Appeal Your Commercial Property Taxes
Up to 60 percent of the property in the United States could be overtaxed. Hiring a property tax specialist could save you hundreds (or even thousands) of dollars.
One way to try to lower your property taxes is by hiring a property tax specialist to handle the appeal for you. Valuing real estate is both a delicate and continuous process. Market conditions are constantly changing. Here’s what a professional property tax specialist should be doing on your behalf:
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Dig up information on the latest transactions in your market.
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Monitor your sub market for deals that will impact your valuation
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Keep you apprised of other settlements that could impact your case
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Review current assessment, verify municipal property records for accuracy
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Physical inspection of property to estimate depreciation and obsolescence
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Calculate market value
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Advise on viable cases with estimated savings projection
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Manage, complete, and file administrative grievances with the municipalities
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If necessary, retain legal counsel to commence judicial proceeding (with no additional fee)
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If an appraisal is required, retain third party appraiser
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Monitor case throughout process and advise status
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Complete appeal management including refund processing and moratorium auditing
