The First And Easiest Step In Appealing The Value Is...
to attend an informal hearing. These hearings are typically held within 10-14 days of your valuation notice at a date and place indicated on the notice. The hearings are informal and friendly with no appointment needed. The burden of proof is on you, the property owner, to show why the value is too high. The best evidence of value is a recent, arms length sale transaction of your property. If this does not apply, then obtaining an independent market value appraisal of your home is the best option.
Armed With A Well-Documented Credible Appraisal Report By An Experienced Professional May Result In An Adjustment Without The Need To File A Formal Appeal.
The key is to select an independent and qualified appraiser. State certification is a minimum and a more rigorous designation from the Appraisal Institute or other highly regarded appraisal organization illustrates an appraiser who has the skill level and dedication to their profession. **Remember that the board members hear many complaints and deal with many appraisers. Appraisers who provide reports with numbers to suit the client are easily identified and dismissed.**
If You Are Unsuccessful At The Informal Hearing Or You Did Not Take Advantage Of This Option, You Can File A Formal Appeal With The Board Of Revision Between January 1st--March 31st, 2010. Since The Date Of Value Estimate Is January 1st, 2009, It Is Not Too Early To Obtain An Appraisal For A Board Of Revision Appeal.