Free Republic

Many homeowners have seen their property taxes increase in recent years because of rising housing prices and local tax rates. But the property tax assessment isn't always set in stone: filing an appeal may lower the cost for years. The median property tax bill in the U.S. in 2024 was $3,500, up 2.8% from $3,349 in 2023, according to an April report by Realtor.com...... Appealing your assessment is "not a terribly difficult investment of time for a residential property owner," said Sepp. "The processes are reasonably easy and fair." Should you be successful, the change typically takes effect for the...

The giant sucking sound in the home loan industry grew louder Wednesday when Sprout Mortgage told employees it’s going out of business. The company broke the news to its more than 300 staffers during a conference call Wednesday, according to HousingWire. A former employee of the Long Island-based mortgage lender told the publication that Sprout had already slashed its workforce several times.

The Illinois Property Tax Appeal Board has decided former President Donald Trump is due a $1 million refund on his skyscraper’s 2011 tax bill, ruling last month that the Cook County Board of Review overestimated the value of the building’s hotel rooms and retail space. But the Cook County State’s Attorney has filed suit with the Illinois Appellate Court, seeking to block the tax refund, which has yet to be issued. If Trump ends up with the tax refund, it would come out of property taxes due to the city of Chicago and eight other government agencies, including Chicago Public...

When someone comes to your door, you can let them in — or not. But keeping out a representative from the Michigan Tax Commission could be costly. At least that's what some residents in Davison Township are finding. When the local tax assessor showed up at homeowner John McLaughlin's house in the Genesee County community he said he wasn't going to let them in. So what happened after he declined the appointment: "My taxes went up," he said. The executive director of the Michigan Tax Commission said local tax assessors are supposed to be getting inside all homes to see...

Page 1 Property inspections are a required part of this revaluation process. 1. Who will inspect my property? Property inspections will be conducted by trained inspectors from Realty Appraisal Company, which has been contracted to perform your community’s revaluation. Realty Appraisal Company is a professional property appraisal company with over 50 years of experience in performing property revaluations. 2.What about my safety and security? Inspectors will be wearing photo I.D. Badges. Don't let anyone into your home unless they are wearing a badge. Inspectors will only enter a house if an adult is home. Inspectors will not enter houses...