Think Your Home’s Improperly Assessed? Try Filing A Real Property Tax Return

Many properties have dropped in value since last year, but this does not mean that the property taxes will automatically go down.

All real property owners must file a Real Property Tax Return early in 2010 to lower their assessment from 2009 and to have the right to appeal their 2010 assessment.

This tax return is not the same as an appeal, and the value submitted by the owner does not set the final assessed value.

However, the tax assessor will review the owner’s value and decide whether to accept it or dispute it.

The property owner will then have the right to appeal an official assessment that exceeds the owner’s proposed value. This is a separate process.

The procedures and deadlines vary by county (usually March 1st or April 1st – no extensions). Most counties require the form to be mailed – not faxed or emailed.

This is in addition to filing for homestead exemption.

See these websites for forms and details:

Cobb County

DeKalb County

Fulton County

Gwinnett County

posted: Jan 15, 2010 | No Responses

Posted by:  Wakamo & Associates

Melissa Wakamo and her dynamic team of agents and support staff provide buyer and seller clients with exceptional service and proven results. Since the start of her real estate career in 2004, Melissa has proven to be a true advocate for her clients and has consistently performed in the top 1% of agents

“When I started my real estate career, I wanted to work in my local community and get to know my neighbors. Now, I realize how important that local expertise is to our clients. At Red Robin REALTORS®, all of our agents are specialists in working with buyers and sellers in Atlanta’s intown neighborhoods.”

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