Want Lower Property Taxes? Check This Out
Want Lower Property Taxes? Check This Out,
Finding ways around property taxes
Image from phillyburbs.com.
The other day I read that Alpine, NJ, despite being the most expensive place to buy a house in the country, has the among the lowest property taxes. When a city official was questioned about this, he said they were able to keep property taxes down, he said they focused on “not becoming a full-service town.
Of course, being on the lower end of the wealth scale, I thought “That isn’t fair that these people who own $4 million homes and obviously have tons of money get to pay less in property taxes!” Today I came across an article about property taxes on CNN Money and discovered that there’s a way for the common folk to get lower property taxes, too.
Dispute property’s assessed value
Beth Braverman from Money Magazine says the only way to get your property tax decreased is to get the estimated value of your property decreased. You’ve got to come up with a good argument for why the property assessment amount should be decreased, and you must win.
This won’t be as easy as getting an Easy Payday Loan Online Today!” href=”http://personalmoneystore.com/Cash-Advance/Online-Cash-Advance/”>online Easy Payday Loan, but it sounds like it can be done. Home prices have dropped 27 percent since 2006, so it makes sense that if your property value has dropped, you should not have to pay as much property tax. … click here to read the rest of the article titled “Want Lower Property Taxes? Check This Out”
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