When you receive your real estate tax bill, you may think that is the final say on the matter. But in reality, many assessed values are improperly valued. There are many inequities, which can lead to some paying far less than what is considered fair. This results in loss of revenue for the government and causes other taxpayers to pay more than what’s fair.
The Pennsylvania assessment appeals lawyers at Fellerman & Ciarimboli has almost 15 years of experience fighting to get their clients’ properties assessed correctly and fairly. With our extensive real estate experience, results from our property tax assessment appeals have generated millions of dollars in additional revenue for our clients. These appeals have not only helped our clients get a fair assessment but has established a more equitable tax base.
Why Would You Reassess Your Property?
The taxes that you pay on your property is based upon the assessed value of the county you reside or do business in. Certain factors, such as your local, county, and school districts, are used to estimate your property value. This estimated value is included in your mortgage payment.
But what happens is many of these assessments are incorrectly calculated. This leads to an unbalanced system where one homeowner or business is paying too much for the property while someone else is paying not enough. Even if you are paying too little can cause a negative effect — if your property is reassessed without the help of an attorney, you could owe thousands of dollars.
Other reasons you should seek reassessment include:
- Income has decreased but your expenses have increased
- Your property has been vacated or you have a tenant that is not paying rent
- There has been a change in the status of the property
- There was a change in the property’s condition or market cap rates
The Assessment Appeal Process
There is a solution to this imbalance. According to Pennsylvania law, you have the right to challenge this assessment annually. But the appeal process can be quite complicated. You’re going to need to know the deadlines for filing an application, have all your evidence in order and attend a hearing with the governing board. It can be a frightening experience, especially if you don’t have assessment appeals lawyer by your side.
But with our real estate tax assessment appeals lawyers, we can present a credible and persuasive case on your behalf. We will analyze the conditions surrounding your property’s value and make a determination as to how much you should be paying. We can then gather the proper evidence needed to prove that you are paying the incorrect amount on your property. And we will represent your interests from the second the application is filed to the various meetings with the tax assessor, the tax review boards, and to tax court, if necessary.
Contact Our Pennsylvania Assessment Appeals Lawyers Now
If you feel you are overpaying for your property, or want someone to take a second look at its value, the time to act is now. The tax assessment appeals lawyers at Fellerman & Ciarimboli have the knowledge, the tools, and the experience needed to get you the correct assessment. Contact us today for a free consultation.