Taxation Without Representation
In the wake of the 2008 real estate meltdown lies Georgia's property tax system - in shambles.
Atlanta Home Values have plummetted but, as the AJC reports today, county tax appraisals are not along for the ride down.
In examining 550,000 residential property tax records in 5 major Metro counties (Fulton, Dekalb, Gwinnett, Cobb and Clayton) it was determined county appraisals are higher - in some cases, much higher - than your property is now worth.
What Does This Mean For You?
In simple terms it means that you are, quite likely, being taxed on value your Atlanta Home no longer holds. I'm sure this comes as no surprise. Afterall, 2009 Atlanta property taxes have been due for some time now. And if you were alive and owning Atlanta real estate during the last 18 months ... you don't need an 8 Day investigative report to tell you your home has lost significant value and your property taxes haven't budged.
But just in case...
Here's What You Can Do About It
Contact Me. I have access to leading experts, including Atlanta real estate tax professionals, who can provide all the necessary details on how to appeal your tax appraisal. Simple enough.