Same thing happened with our house.

Apr 22, 2024
5:01:51pm

Everyman All-American

We contested the appraisal and County Appraiser lowered it to the purchase price.

It was within 12 months of the sale, if that makes a difference.

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Everyman

Previous username: Everymancoug
Bio page: Everyman
Joined: May 27, 2012
Last login: Jun 7, 2024
Total posts: 20,048 (105 FO)

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Messages

Author

Time

The County Appraisal Department thinks my house is worth 20% more than I paid 12

zuko

Apr 22, 4:47pm

You should absolutely protest. If you have your closing docs, that should be a

Skeptical Optimist

Apr 22, 4:48pm

Exactly right

Cougar-Duck

Apr 22, 5:52pm

You can protest it, you may or may not be successful

Dr T-bone

Apr 22, 4:49pm

Yes and you should win. Your house should be exactly worth what you paid the yr

SouthernBlueBlood

Apr 22, 4:52pm

Depends. Is theory assessment reflective of market value? Before they reassessed, was it way below market value and you

unctoothman

Apr 22, 4:56pm

You should sell it to them

Blueto

Apr 22, 4:59pm

Same thing happened with our house.

Everyman

Apr 22, 5:01pm

What state? County? Was it listed? What was your closing date? Were there

StarMan

Apr 22, 5:04pm

Protesting is a strange beast. You will most likely win a protest, but that

Lance71

Apr 22, 5:35pm

Tax appraisals have no bearing on market value.

WDaddy

Apr 22, 5:42pm

Do they influence what the bank will finance?

zuko

Apr 22, 5:46pm

charles

Apr 22, 6:32pm

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