This week, Jennifer and Brian discuss how you might be able to lower your property taxes. Is there a reasonable way to accomplish this?
Husband and wife Real Estate Team Brian and Jennifer Frost discuss everything you want to know about buying, selling, investing and owning property.
Topics discussed include:
How can I dispute the assessment of my property?
Is there a specific time of year to file for an abatement?
Do my taxes always go up when the town does a reassessment?
The first step is to get your property tax card
How long does the town have to decide on my abatement request?
What should I check on the tax card?
You need to get the abatement form which is usually downloadable
Do some research about other homes in your town
How do assessed values compare to market values?
You need to show you’re are being taxed unfairly in comparison to your neighbors
Once you file your request, you can expect a visit from the assessor
When can I expect to see any adjustments?
If you are denied, you can make an appeal to the state
Jennifer and Brian go through an exercise to see whether they should file for an abatement
How often are town-wide reassessments done?
Do I have to let someone in my house to do the assessment?
What is an equalized tax rate?
What is a current use tax break?
There are also tax exemptions available to veterans and the elderly
For more information about real estate appraisal, check out Real VALUE Appraisal’s website at realvalueservices.com
If you’re buying or selling real estate, contact Jennifer at www.bestmovesearch.com
Spouses Talking Houses is recorded this and every week at The Studio 21 Podcast Café and is part of The United Podcast Network.
Music used with permission of Eric Lindberg. The theme music is Punkinseed from the album Rich Enough by The Eric Lindberg Trio. It’s available for purchase at https://store.cdbaby.com/cd/ericlindbergtrio1
Jennifer and Brian are licensed to practice real estate in NH and MA. Brian is also a certified general appraiser in NH. They are not lawyers, accountants, home inspectors or therapists. Real estate customs and rules may be different in your area. Each Keller Williams Realty office is independently owned and operated. The Realtor name is trademarked to members of the National Association of Realtors. If you are currently under contract with a real estate agent, this is not intended as a solicitation. Views expressed on this podcast by Jennifer may not be shared by Brian and vice versa, nor are they the views of Keller Williams Realty.