WEKNOWMEMPHIS

First off, a lot of the property reappraisal’s have already arrived in your mailbox and if you have not received yours yet, click on this link and it will show you the breakdown for the tax assessor’s mailing schedule.  So don’t worry it’s headed your way:)

Just a couple of things I want to address, first off don’t PANIC if it comes in lower then it should be and you are thinking,  ”I want to put my home on the market in the next few weeks and now this.”  As Real Estate Agents we don’t pay attention to the tax assessment.  We realize the Tax Assessor’s office has a lot of property to look at and they don’t typically have the square footage correct or the number of bedrooms and baths.  But that is really ok, when you put your home on the market we’ll go over with you the details so we can make sure we are comparing apples to apples.  And the appraiser doesn’t even look at the tax assessment either.  If it’s “too” low then that just means you aren’t paying as much in property taxes.

NOW.. on the other hand if you are in my situation, I appealed my personal home last year and it was finally lowered in the fall.  Now just 6 months later it’s back up again. So, I will go to this site and  fill out their online review form and make my appeal.

The main reason to appeal is to have it reduced, and you would decide this by the dollar amount the tax assessor has for the value of your property.  If You KNOW you can NOT sell it for that, then you should appeal.

If you are not sure what the true value of your home would be, I would be glad to send you a FREE market analysis so you have some true numbers.  Feel free to contact me at melissa@yourkeytomemphis.com.