Your case will depend on demonstrating that your real property’s tax value is inaccurate. If not, you may have to make a comprehensive submission to the county review board.

If you file a complete presentation with supporting documentation, the county may decide without requiring that you go through a formal protest. If the tax assessor made mistakes, like contrasting your property with dissimilar properties, you’ll have good reasons to appeal. The assessment report could be the determining factor in the success of your case. It’s important that you get a copy of the complete evaluation report from the county. If you don’t make that time window, you may give up your right to protest the assessment. You’ll have a certain period after receiving your tax notice to file a protest. If you omit mandatory information or overlook a submission time limit, your appeal might be dismissed or sent back to you for completion. Take your time reviewing all the rules before you begin. The documents you require and the procedures you will follow are available at the county tax office or online. The county is the entity that evaluated the property and it will review your protest. When you believe that your property tax value assessment is incorrect, you can appeal the assessment. There are protest firms poised to take on your challenge that just charge on a percentage of any tax decreases. Should you be unsure whether or not your bill is overstated, take steps without delay. As well contemplate the possible influence of current market trends on home prices overall. Compare the appraised value with similar neighborhood real estate, especially newly sold. In every case tax billings are available publicly to examine on the web. Examine your property’s billing statement carefully. Look for repeat remittances that happen especially if you’ve just taken out a second loan. But there is a procedure to appeal the fairness of your tax levy and have it corrected if it’s an excessive appraisal. Also there’s the human error factor, i.e. like properties are lumped together and assigned the same estimated value with no onsite inspection. This might happen when property market values are set collectively in categories, i.e. You may not be aware that your real estate tax is too high in relation to your property’s true market value.

Knox county property tax