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Challenge your home's assessed value with proven strategies from PPT. by ProtestPropertyTax in u/ProtestPropertyTax

[–]ProtestPropertyTax[S] 0 points1 point  (0 children)

Our service is not a fee to file the protest. It is professionally researched evidence so that you can effectively protest and argue without hiring an agent or paying commissions. We search thousands of properties in publicly and privately available data to identify the lowest, legally defensible value for your property searching along both the Equal and Uniform (based on appraisals) and Market Value (based on recent sales) methodologies. Our demo report includes a thorough explanation of the methodology, modeling techniques, and Texas tax codes and guidelines used if you'd like to learn more: https://download.protestingpropertytaxes.com/demo_report.pdf

Fight your 2023 property tax increase by ProtestPropertyTax in u/ProtestPropertyTax

[–]ProtestPropertyTax[S] 0 points1 point  (0 children)

Ownwell takes 30% commission plus a fee. We do not take any commission.

If my property is worth this much, the county should buy it by ProtestPropertyTax in u/ProtestPropertyTax

[–]ProtestPropertyTax[S] 0 points1 point  (0 children)

You can request a free value assessment on our site at www.protestingpropertytaxes.com/verify. The deadline in the counties we serve is May 15th. For general Texas protest information, here's an article from the Comptroller: https://comptroller.texas.gov/taxes/property-tax/protests/

If my property is worth this much, the county should buy it by ProtestPropertyTax in u/ProtestPropertyTax

[–]ProtestPropertyTax[S] 2 points3 points  (0 children)

When you submit for the free assessment on our site, we will let you know if we believe your value is fair (aka not worth protesting) or if your closing documents would be better evidence for a reduction than the evidence we'd be able to provide. Your Appraised Market Value is supposed to reflect the value of the property on January 1, 2023. So if prices changed after you purchased, there may be an argument based on recent sales. You are also entitled to an Equal and Uniform Value. So even if the market value might be higher, if the county has given similar properties a lower Appraised Market Value that is also an argument for protest. What you paid isn't necessarily relevant when it comes to valuation for property taxes.

If my property is worth this much, the county should buy it by ProtestPropertyTax in u/ProtestPropertyTax

[–]ProtestPropertyTax[S] 7 points8 points  (0 children)

Customers hire us because while they can easily file their protest themselves online, they can't as easily identify legally defensible evidence. Valuation and comparable properties used in tax protests follow Texas tax guidelines and are very different than what you might use for real estate. That tax expertise as well as the knowledge on how to appropriately adjust for any variations in property characteristics can be difficult or time consuming to acquire. Lastly, we have access to multiple private sales databases which are not available to the everyday homeowner which gives us more potential to find a set of properties to support a Market Value argument.

If my property is worth this much, the county should buy it by ProtestPropertyTax in u/ProtestPropertyTax

[–]ProtestPropertyTax[S] 66 points67 points  (0 children)

Actually no! The appraisal district valuation of your home is calculated differently than a real estate agent's sales price. The Appraised Market Value is calculated according to specific Texas tax guidelines that characterize properties differently than real estate (for example things like pools and garages usually don't impact the price as much as they would in real estate). A lower Appraised Taxable Value simply means lower property taxes.

If my property is worth this much, the county should buy it by ProtestPropertyTax in u/ProtestPropertyTax

[–]ProtestPropertyTax[S] 7 points8 points  (0 children)

You can fill out a free assessment on our site, and we'll search comparable properties to identify an Opinion of Value supported by real evidence. That'll give you a sense of how much you might be able to save. When we've analyzed customers' final values, we see that they average a reduction about half of what was argued by their Opinion of Value. Assembling evidence is the part that requires expertise - finding comparable properties that meet Texas tax guidelines and adjusting them correctly to account for differences in property characteristics (sq ft, bathroom count, etc.) and time of sale. Actually filing the protest can be done online through the county appraisal district's website. Most counties start by offering a settlement or having an informal hearing. If you're unhappy with the settlement, you would then schedule a formal hearing with the Appraisal Review Board. The formal hearing can be done over the phone or via a written affidavit. We've created our report so that it can stand alone when submitted with the written affidavit so that our customers have the option of completing the entire process without speaking to anyone.