Easiest strategy for lowering your property taxes! Lyn Sims (847)230-7324 RE/MAX Suburban
By Lyn Sims, Real Estate Broker Retired
While the downturn in the real estate market has possibly taken a chunk out of your home’s value, it is unlikely that your tax assessment has gone down. During the boom, as your home gained in value, it made sense that your assessment would increase. Prices have flat lined or lowered in most areas so it doesn’t make sense anymore that your taxes should only go upwards. But what’s a homeowner do to? Well don’t expect the assessor to give you any help!Yes, the tax man cometh! For those in my readership area of Schaumburg, Elk Grove, Palatine and Hanover Township this is your reassessment year baby! So what’s a girl to do you say?The good news is that getting your tax assessment lowered is possible. With a little patience it is actually easy to do. Here are a couple of tips: Review y...
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