Are you paying too much in property taxes? Each year individual communities give homeowners an opportunity to appeal their property taxes. If the homeowner is not happy with the decision of the community, the homeowner can further appeal to the Michigan Tax Tribunal. The process can be daunting and time consuming for the homeowner, but not appealing is costing you big money every year.
Garner Properties & Management, in conjunction with our corporate attorney Aaron Cox, has developed a program designed to assist homeowners with the appeal process. Our Property Tax Appeal Program could possibly cut your property taxes by up to 50%.** The complete program will take care of the entire process, including Broker Price Opinions (BPO's), fees, filings, and appearances before the Board of Review and Small Claims Division of the Michigan Tax Tribunal.
How do I know if I am eligible to appeal? If you haven't been reassessed in the last 6 years, or if you believe your property's fair market value is significantly lower than the Taxable Value or State Equalized Value on your tax assessment form, then you should consider using our service to appeal your property taxes.
How much can I expect to save? Each individual case is different and results will vary depending on a number of factors. Consider though that a property that is worth $25,000.00 but is valued by the city at $60,000.00; the current property taxes are $4200/year, yet with an appeal your property taxes could potentially be reduced by as much as $2500, making your new payment $1700/year after the appeals process. That is a possible 60% reduction in property taxes!**
Don't delay - call today. The appeal can only be filed at certain times of the year and the entire process will take nearly 3 years to complete. The first deadline is March, 2011 (February 2011 if your property is located in the City of Detroit). Failure to meet these timelines will result in the dismissal of your appeal and delay any potential tax reduction for another year.
Please be advised that during the appeal process you are responsible for paying any taxes billed to you by the community. When the case is resolved, a refund for taxes paid, including interest, will be generated and will be retroactive to the date of the filing.
How do I get started? Call us today. In order to begin the process of appealing your taxes, we need your notice of assessment, a copy of the deed for the property, a copy of any appraisal done in the last year, some brief notes on any special items related to the property (i.e. no garage, original kitchen or bathroom, original roof, etc.). We will send you a fee agreement with The Law Offices of Aaron D. Cox, PLLC along with pricing information.
Get with the program! Call us at (734) 287-6619 or e-mail at
chris@garnerproperties.com.