Tuesday, May 9, 2017

How to Succeed When Protesting Your Property Taxes

In my previous 2 posts, I discussed ways to improve your results when protesting your property taxes.  I'm a Texas Property Tax Arbitrator and would like to help you save money with professional advice. 

Here are several hints: 

  • Bring something to read when you go to your protest.  They get behind.
  • Do not start the conversation with "My taxes are too high", or "There have been no services for taxes paid.”  Those are not their concern.
  • Market value is a topic on which reasonable people can disagree.  The property owner has a significant advantage since they have personally inspected the subject and all the comparables.  The appraiser has only the data provided by others.
  • Do not let a sale that you did not find upset the process.  You have many other sales to present and your home is unique.
  • Do point out if your house backs up to an apartment complex, a car dealership, a thoroughfare, trashy homes, etc.
  • Point out if any flaws exist in the home itself.
  • Read the remarks on the comparables. The sold home features might be better than yours, such as granite, wood floors, covered patio, etc.  This knowledge will help lower your valuation.
  • Appraisers do this day in and day out.  You are there because you really believe that the sales show that your home is worth no more than the other homes.
  • Speak softly and be pleasant.
Others have done quite well on their protests in the last few years, and so should you.  Good Luck!

If you have any questions about any of this, call or email me at RichardSkotak@remax.net or 713-894-9410.   

Tuesday, May 2, 2017

Hints for Protesting Your Property Taxes

In my last post, I discussed some things you should know if you want to protest your taxes.  I'm a Texas Property Tax Arbitrator and would like to help you save money with some professional advice about property tax protests. Here are three tips to help you improve your results.

First, you can discuss your valuation with a county appraiser in an informal meeting where you, as the taxpayer, provide evidence for your protest.  Use the individual sales sheets and take photos from your car window (no need to alarm neighbors) to attach to the sales.  By showing the appraiser you have evidence (homes that are closer in square footage, and lower in price than the masses of computer data would denote) that was not considered, the appraiser could agree with your evidence.  You must be prepared so you’re able to convince him or her that you are correct.  The appraiser most likely does not know your neighborhood as well as you.  A cooperative dialogue will disclose this and other advantageous information.  This shows that you put forth effort and are serious.

 Second, if differences cannot be resolved at this level, you can appear before a three-person Appraisal Review Board (ARB) in a formal hearing.  Bring copies of your data and give one to each board member.

Third, there is a new binding arbitration law passed by the Texas legislature that settles disputes between the Appraisal District and Homeowner.  It is binding without possibility of a District appeal.  I am an appointed State arbitrator and can explain this process to you if you’d like.

If you have any questions about any of this, call or email me at RichardSkotak@remax.net ot 713-894-9410.  Coming later this week - I'll offer hints you can use when you protest.

Friday, April 28, 2017

Successfully Protest Your Taxes

I'm a Texas Property Tax Arbitrator and would like to help you save money on your taxes with some professional advice about property tax protests.  Pay attention to your deadline to file date which is on your Notice of Appraised Value (mine is May 31, 2017).  I believe it is best not to be the first protest letter received by the County Appraisal District.  They seem more receptive after they've handled several other protests.

The Appraisal District cannot possibly appraise every house in their jurisdiction every year.  This, coupled with their mass-appraisal techniques (thousands of appraisals per hour by computer analysis models), may result in a tax market value on your property that is higher than the actual market. Market data from your neighborhood is the king.  The market approach most often used by real appraisers simply asks, "What are properties similar to your property selling for?"  The value of your home is an estimate of the price your home would sell for on January 1, 2017.  The appraisal district computer compares your home to similar homes the computer picks that have sold recently and determines your home's value.  It will not consider distress sales, foreclosures, or any the computer deems incomparable at their discretion. 

If you had damage or repairs that are needed from a hail storm; if your foundation needs repairs; your roof needs replacing; your carpet is worn; and the repairs were not made before 1/1/17, you should receive a dollar for dollar reduction off 1/1/17 market value. (Have available paid receipts if after 1/1/17 for work done that was needed last year, and contractor invoices, etc. for work still to be done).

If you have any questions about any of this, call or email me at RichardSkotak@remax.net ot 713-894-9410.  Coming on Monday - I'll offer you three tips for improving your protest results.

Thursday, April 20, 2017

Commercial Real Estate in Houston

Are you interested in purchasing a piece of land or building(s) for commercial use in the Houston area?  Then, you've come to the right place.

I have years of experience as a certified Commercial real estate expert as well as being a Broker Associate at RE/MAX Top Realty.  There's no question I can't answer; no problem I can't solve; no deal I can't find.

If you want to take a look at current listings, visit my LoopNet page

Don't hesitate to call or email me with any question or problem:



Friday, February 24, 2017

Looking for a Great Location Near Pearland and Manvel?

Southwest corner of Cullen Blvd (CR 89) and Bahler Ave (Cr 100). Just south of the dynamic city of Pearland and north of the up and coming city of Manvel.  One mile west of Highway 288 and just east of the recent expansion of popular Sedona Lakes subdivision. You'll have 550 feet on Cullen and 1500 on Bahler. Level,well drained and cleared.

Monday, May 2, 2016

Ugh! My Property Taxes!

Have you received your property tax statement?
I can help if you want to protest.  I've been successful at it for years.