Protesting Your Taxes on Residential Real Estate

This educational real estate video is about protesting your tax value on your home. Usually your tax authority will send you an assessment sometime around the beginning of the year telling you the amount of money they are assessing your homes value at. This will determine the amount that they will tax it at for the year. If you think that they assessed your taxes on a higher value you would want to have a trusted Realtor run an advanced market assessment of your homes values compared to recently sold similar homes so that you can have data that supports your decision. This can result in a major savings for you on your taxes.

Todd Tramonte

Broker / Owner of Market Experts Realty & The Todd Tramonte Home Selling Team

Real Estate Author of Live Free: The Art Of The 2-Year House Flip

http://www.dallashomerealty.com/

What is a Residential Real Estate Appraisal?

During the process of buying a home with a mortgage the lender will send out an appraiser to assess the value of the property as compared to recently sold comparable properties. The appraiser will adjust his or her value based on the value assigned to the specifics of the subject property and determine a reasonable value of what the property should sell for in it’s present condition.

Todd Tramonte

Broker / Owner of Market Experts Realty & The Todd Tramonte Home Selling Team

Real Estate Author of Live Free: The Art Of The 2-Year House Flip

http://www.dallashomerealty.com/

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