- I think my Assessment may be fair - Should I apply?
- Is this risk free?
- Why can my taxes be lowered?
- What are my chances ?
- What happens if I miss the appeal deadline?
- Will Metropolitan take care of everything for me?
- How will you lower my property taxes?
- Will this involve my time?
- What do I have to lose?
- What happens next ?
I think my Assessment may be fair - Should I apply?
Yes. You could save money. You have nothing to risk and nothing to lose. Many property owners believe that their assessments are fair when, in fact, they may have been paying too much. Checking the property data behind each assessment change ensures that mistakes are not carried from one year to the next.
Is this risk free?
Yes. After a thorough analysis, if your property is determined to be fairly assessed, your appeal will simply be withdrawn. Your assessment will remain the same and there will be no extra cost to you. Your time will not be required since everything will be taken care of for you. Historically over a twenty year period our clients have enjoyed success rates typically in 80% of cases and in some assessment cycles over 90%!!.
Why can my taxes be lowered?
A mass averaging approach is used to determine your property assessment. This creates errors because it doesn't take into account all the unique attributes of each property. The assessment is only an 'Opinion of value' and, as such, will always have a range of error. A detailed custom valuation is nearly always more accurate.
What are my chances ?
History shows that over time those who appeal and check save more. They pay less, receive smaller increases and never pay more than they have to. In any given year, the property assessment may or may not be correct but, with each re-assessment there are always mistakes that are made. While there are no guarantees, savings of 5% - 20% are still common.
What happens if I miss the appeal deadline?
The opportunity to lower your taxes only comes once a year. A Request for Reconsideration must be filed by the filing deadline. If you miss the deadline then you will have to wait one year. In order for your review to be filed before the filing deadline for the 2013 tax year, we ask that requests be sent well in advance of the deadline.
Will Metropolitan take care of everything for me?
Yes. We will manage the entire appeal process for you, including all hearings, documentation, exchanges and requests for information, property inspections, negotiations and settlements.
How will you lower my property taxes?
When we receive your form we will file a Request for Reconsideration and an Appeal as necessary. We use our extensive property databank to appraise and review your property and compare assessments. We complete a market value and equity analysis to get your taxes reduced or to report back to you that you are fairly assessed.
Will this involve my time?
Your time will not be required. All you need to do is send in your application. You have a professional on your side to appraise your property and review the property data changes under reassessment and manage the entire process.
What do I have to lose?
You have nothing to lose. There is no risk to you and your time will not be required. Your assessment cannot go up. you can only save by doing this. Other than the application fee of $65, you'll only pay from the saving, not from your pocket. If there is no saving then there will be no other fee.
What happens next ?
Once we receive your form there is nothing more for you to do. The exchange of information with MPAC and the ARB hearing process, if we proceed to the appeal stage, can take over a year. You will receive a copy of the Notice of Hearing about three weeks before the hearing date but, you will not need to attend the hearing since we will take care of everything for you. Even though it takes time, any savings are fully retroactive to January 1, 2013.