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Property tax increases are a popular method used by municipal and county governments to raise revenue, but they can also have a big impact on the local real estate market. For example, a slight tax increase may drive demand for local homes down, a shift many might characterize as “negative.” But a clear understanding of [...]
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Property tax appeals are successful based on an adjustment of the tax assessed value of the property in question. Whether this property is a commercial property or a homeowner’s homesteaded house, there is a basis for an adjustment of its value based on the condition of the property and other pertinent factors.
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