How to Lower Your Property Taxes
It seems like every week I hear the same old story that home property values are continuing to decline. But you know one thing that I don’t see dropping… my property taxes. In fact, they went up again this year. L If you feel that that your tax bill is too high, statistics show you are probably right. According to this WSJ article , half of you may be paying too much. Sadly, though, only about 5% of you will make an attempt to challenge the assessment because of the misconception that the process is too difficult. So if you are a homeowner and you want to learn how to lower your property taxes, then today’s lesson may very well help you do that. Let's begin by understanding the relationship between property taxes and housing prices. In theory we should see a correlation between home values and property taxes. Taxes rise when house prices increase and taxes fall when prices decline. This simple relationship would hold true ...