Friday, March 20, 2009

Cincinnati Property Tax Appeal deadline is approaching

The Cincinnati Property Tax Appeal deadline is approaching! you only have until the end of the month to file an appeal on your property tax assessment. Only a fraction of property owners have filed at this point.

It is important to remember that home values in many area have dropped significantly due to large numbers of foreclosures being sold at bargain basement prices. If you house is worth less than the assessed amount you should appeal. Also if you recently purchased a house the amount you paid may be less than its assessed value.

You need to look carefully at the assessment records on the auditors website http://www.hamiltoncountyauditor.org/ is the record correct? Have you torn down a garage or shed? That can affect value. Is the square footage correct. Often you can save hundreds on your tax bill on appeal so its important you file NOW. The document MUST be received in the auditors office by March 31st., not postmarked but actually received!

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