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Due to the recent downturn in home prices over the past several years, a large percentage of homes in the Orange County area are still being ‘taxed’ based on much higher property values before this decline. So, there’s a very good chance you’re paying more than your fair share of property taxes!
Sometimes, matters like this can be resolved with a phone call. However, if you’ve already discussed your assessment with your local taxing authority and you still feel as though your property has been overvalued, a professional, independent, third-party appraiser is often your best bet in proving your case.
This is where the CMP Appraisals come in. There are a lot of different procedures for appealing tax assessments, so it’s important to enlist the help of a professional appraisal company that’s experienced and trained in the ins and outs of the appeal process.
Before hiring an appraiser, it often makes sense to do your own research before determining whether to move forward with a property assessment appeal, especially before making the decision of hiring a professional appraiser.
Keep in mind, that according to the Uniform Standards of Professional Appraisal Practice (USPAP), we as appraisers are not allowed to take “shortcuts” — i.e., use your research as face value work as a part of our independent evaluation. When you hire us for an assessment appeal, you’re commissioning us as an independent, third-party to perform a professional appraisal report.
As such, we do our own evaluation from beginning to end. If you’re correct that your property has been overvalued, an independent report such as ours should be more than enough to help your case and bring down your taxes. Feel free to call or come in to learn more about this opportunity.
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