There is nothing more frustrating for a homeowner than a property assessment that results in a significant increase in their property taxes. Fortunately, there are ways for a homeowner to appeal their property tax assessment in Tennessee, but it needs to be done within strict time limits or the right to appeal will be forfeited. If you have received an increase in your property taxes, contact a tax appeal attorney right away in order to ensure that your appeal is timely filed.
A homeowner must first appeal to their respective county board of equalization in that particular year or the assessment becomes final unless extenuating circumstances apply. The county board will then make a ruling on a particular appeal. If the homeowner is dissatisfied with the ruling of their county board, they can then appeal to the State Board of Equalization. These appeals must be filed by August 1 or within 45 days from the county board notice, whichever is later.
There are several reasons why a homeowner may choose to appeal their particular assessment. One is that there may be an error in the assessment that artificially inflates a particular value. Another reason might be that the assessed value is much greater than recently sold properties in a particular area. In order to prove this, a person will need to perform thorough research to show that other properties with similar square footage, bedrooms, etc. are selling for less than their assessed value. An experienced tax appeal attorney can help you compile this evidence and work to potentially save you thousands of dollars on your property taxes.
Burkhalter & Burkhalter has helped many clients in Maryville and throughout Tennessee appeal their property taxes. He can examine your situation to determine if an appeal is warranted. If so, we will work to compile evidence to build your case, giving you the strongest chance possible at winning your appeal and lowering your tax bill. To learn more about how Burkhalter & Burkhalter can help with your tax appeal, contact our office right away for a free consultation.