Save Taxes: Negotiate A Reduction in Your Assessed Value
Prairie Eco-Thrifter
MAY 26, 2011
Assessed value is the value that will be used in determining how much you will pay in real estate taxes. The assessor’s office is usually not the same office that collects the taxes (yep that would be the Collector’s office). Most state laws require that assessed value be based on the market value of the property.
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