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Showing posts with the label how to lower property taxes

Top 5 Reasons Property Tax Protests Fail (And How to Win Yours!)

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Every year, thousands of homeowners try to fight their property tax assessments , hoping to lower their tax bill. And every year, many of them fail. Why? Because they walk into the appeal process unprepared, uninformed, or relying on bad information . If you’re planning to protest your property taxes in Montgomery County, TX , you need to do it the right way . Here are the top five reasons why protests fail—and how you can avoid making the same mistakes. 1. No Evidence to Support Your Claim You can’t just walk into your hearing and say, “I think my taxes are too high!” (Well, you can, but it won’t get you very far.) The appraisal district wants proof —cold, hard data that justifies why your home is overvalued. How to Win: ✔️ Bring recent comparable home sales (comps) that support your argument. ✔️ Get a professional appraisal to show your home’s true market value. ✔️ Provide photos of any damage or issues that could affect value. 2. Using the Wrong Comparables Not all c...

How to Lower Your Property Taxes: Tips for Montgomery County Homeowners

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Tax season is just around the corner, and for Montgomery County homeowners, it’s the perfect time to review your property tax assessments. Property taxes are a major expense for many, but the good news is that you have the right to challenge your assessed value if you believe it’s too high. Here’s how you can potentially lower your property taxes and save money this year. 1. Understand Your Property Tax Assessment Your property taxes are based on the assessed value of your home. This value is determined by the county appraisal district and is supposed to reflect your home's market value as of January 1st. If you believe your assessed value doesn’t align with the market, you have the option to protest it. 2. Check for Errors Review your appraisal district’s records for your property. Look for inaccuracies, such as the wrong square footage, number of bedrooms, or even incorrect property type. These errors can result in overvaluation, costing you more in taxes. 3. Gather Evidence Prep...