Posted: 4/7/2017 7:48:26 AM EDT
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Just got my 2017 appraisal. Increased by 11%. Travis county just inside the Austin limits.
Anyone successfully dispute an appraisal in Travis county? How much trouble is it? Am I going to end up sitting in line for three days in some gov't building? Also, anyone know of a good way to find comparables? I was looking on Zillow and they don't seem to list prices on properties that have sold within the last 12 months. |
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Have you claimed your homestead exemption? You should have a 10% cap of max increase per year.
Realtor can get you comps but during my formal protest last year, they didn't take my MLS sales comps into account. They flat out told me that MLS data isn't used as part of their appraisals. It's not too much trouble. You can eFile it online with what you think it should be, they'll counter and you can either accept for reject their counter-offer. Then you can choose to goto an informal protest or a formal. Always do the informal. They will drag you over the coals in a formal. The wait isn't too bad on an informal, maybe 2 hours total. |
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Have you claimed your homestead exemption? You should have a 10% cap of max increase per year. Realtor can get you comps but during my formal protest last year, they didn't take my MLS sales comps into account. They flat out told me that MLS data isn't used as part of their appraisals. It's not too much trouble. You can eFile it online with what you think it should be, they'll counter and you can either accept for reject their counter-offer. Then you can choose to goto an informal protest or a formal. Always do the informal. They will drag you over the coals in a formal. The wait isn't too bad on an informal, maybe 2 hours total. |
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How do you get comparables if you don't have buddies in real estate? |
| I've disputed once before and got the value reduced. I've heard there are companies that will dispute for you. Whatever they save you, you pay them half of that. Anyone know anything about this. It wasn't hard to do it myself, but would prefer to let someone else do it for me today. |
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I've disputed once before and got the value reduced. I've heard there are companies that will dispute for you. Whatever they save you, you pay them half of that. Anyone know anything about this. It wasn't hard to do it myself, but would prefer to let someone else do it for me today. |
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There is a lot next door that neighbor and I use for our septic drain field. With the easements a house cannot be built in it. The city took off the septic in the evaluation and the lot jumped from 25K to 155K and now they want proof that there is septic in the lot.
Lazy crooks |
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Yep you're correct, they do the protesting. They get half the savings. Unless you don't have the time or want the hassle of doing it yourself, you have to do half as bad to break even. If you don't want to mess with it and don't have the time, just eFile it and see what they offer in terms of a reduction. |
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Not all companies charge a 50% commission on the reduction amount. There are some that will do 30% and others that will do it for a flat fee. |
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I just received my county tax report yesterday.
Question, if my house is undervalued and the houses around us have been selling like hotcakes and are much higher. Am I screwed? Our house went from $191,000 to $210,000 for 2016. Now this year they are proposing $219,000.... a house behind us same design with some more upgrades than we have sold for around $235,000 last year. This is Pearland, TX in Brazoria County. Our taxes and home insurance is higher than the premium on the mortgage which is just insane to me. |
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I don't know if you are aware of this, but sale price and appraisal value are not related.
There is supposed to be some convoluted chicken shit formula they won't tell you about, used to come up with an assessed valuation. I have accused them in the past of taking last year's appraisal and using a multiplier to come up with the next years valuation. BTW: If you go to a protest, make sure you carry. |
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I just received my county tax report yesterday. Question, if my house is undervalued and the houses around us have been selling like hotcakes and are much higher. Am I screwed? Our house went from $191,000 to $210,000 for 2016. Now this year they are proposing $219,000.... a house behind us same design with some more upgrades than we have sold for around $235,000 last year. This is Pearland, TX in Brazoria County. Our taxes and home insurance is higher than the premium on the mortgage which is just insane to me. |
| I protested the appraised value increase in Dallas county many years ago on a house I used to own. I didn't submit comps at the time because they actually hurt my cause. Instead, I got estimates from several repair outfits on the repairs needed for my house and took photos of all the damage throughout that needed the repairs. I submitted it all, and they agreed to reduce it. Just another angle to look at when preparing your case if your house is in need of repair. |
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I protested the appraised value increase in Dallas county many years ago on a house I used to own. I didn't submit comps at the time because they actually hurt my cause. Instead, I got estimates from several repair outfits on the repairs needed for my house and took photos of all the damage throughout that needed the repairs. I submitted it all, and they agreed to reduce it. Just another angle to look at when preparing your case if your house is in need of repair. |
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Do you have a standard size lot or acreage. If you have acreage consider having designated as agricultural exemption (ie throw some cows on the property). We did. We have a standard lot in a subdivision. I received a comp report yesterday and all the houses have gone up significantly.... holy hell it's insane. I keep our house in good shape so it's going to be difficult to find repairs to try and get this thing reduced. I'll try and fight it but I think I'm going to get bent. |
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good to know. know any of the names off the top of your head? i know in austin, i just got something in the mail from protax. |
