Home Buying in Fayetteville>Question Details

Jennifer, Home Buyer in 11429

Now that the market is low and property values have decreased, can you have the taxes on a property

Asked by Jennifer, 11429 Thu Jul 2, 2009

re-assessed after you've purchase? There are properties that were sold for $500K in 2005/6 that are no being sold for $350K.

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2
Jennifer,

Existing homeowners in Gwinnett County (and others, I'm sure) are allowed to do this when the tax bill arrives. We had thirty days from date of receipt to challenge the assessment. We met that date and were able to have our property reassessed. We could have also challenged it sometime in the first quarter had a tax bill not been sent to us with an extremely high assessment. Your county tax assessor's site should be a great resource for you.

Good luck.
Solomon Greene
REALTOR® - Keller Williams Realty Atlanta Partners
1 vote Thank Flag Link Fri Jul 3, 2009
Time is running out to appeal the taxes. Some counties have the process set up on-line and some require you to prepare the materials and mail them in. Search your county on-line for 'Property Tax Appeals'. Prepare a package with comperable sales to support your claim. I was able to win the appeal to lower mine but not as much as I requested.


Mark Lackey
Atlanta Housing Source at
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0 votes Thank Flag Link Sat Mar 20, 2010
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