As most know,  homeowners who think their home is worth less than its assessed value set by the county may qualify for a reduction - and a lower tax bill.

 Something many don’t talk about is the possibility of re-appealing the taxes on the same home.

The base assessments are often wrong and with the compounding of the downward trend in home values, there are more comparables displaying lower market values.  These lower market values are a slam dunk for lowering a prospects taxes.

Case in point.

Eight years ago I did an appeal and won a 25% reduction. Years later the township did a blanket re-evaluation. I appealed the property taxes and won a  20% reduction. That was 2 years ago.

Next year, same home,  I’m going to appeal the tax assessment. So far I am looking at another 20% to 25% reduction.

What I am saying is this is not just a one shot deal.