Inequality: it’s risk free and automatic!

By jkutner, 26 March, 2009, No Comment

Inequality of Assessment can result in a taxable value for your home that is lower than Market Value — even lower than your cost in the property.  It’s automatic — if you qualify it can not be denied — and it works only in your favor, not against you!

Inequality is complicated but it’s worth the effort because it applies after Market Value has been determined, not before.  So if the ARB reduces your Market Value and you qualify also for Inequality, your resulting value will be less than market.

If your home is assessed at 100% of market but your neighbors are assessed at 90%, then you are entitled to a 10% reduction regardless of market value.  Your reduction could put your value below market!

Appraisal districts defer to Inequality on a mass  basis.  Visit Inequality of Appraisal: Its Own Reason to Protest Your Texas Property Taxes .

For tips on how to build your own case for Inequality, visit Five Free Tips

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