Now Is The Time To Protest Your Property Taxes!
Now is the time to call your county tax commissioner and find out the deadlines for protesting your property tax assessment in your particular county. Contact us for market stats in your neighborhood during 2008, especially the foreclosures and distressed sales. The Atlanta housing market has been ranked one of the ten most stable markets in the US during this sub prime economic mess, however, our have values have declined year over year since 2006, albiet not as severly as most other areas of the country – still it is wise to make sure you are not paying more than your property is worth.
We have seen several cases where Metro Atlanta county property tax assessments were clearly off base with market realities and the year to year decline in property prices for 2008 vs 2007. No matter what the proposed valuation from the county is, it’s worth a postage stamp to file a protest based on the recent decline of property values in your neighborhood. Most counties are over-valuing now due to the failure of owners to protest, and yet it’s so easy to file a protest. The county will even assist you in filling out the papers. And it could save you a chunk of money for years to come.