why are county tax assessments so much higher than loan assessments?
My home tax assessment has increased an avg of 20% in the last six years, however, I have refinanced twice and both times the loan value assessment was far below the tax assessment. Avg home values in the county have continued to drop more than 10% per year in the last two years. Why the disparity? How do I challenge the assessment? Thank you
Answers (1)
FIRST ANSWER
On the tax assessment it gives instructions on how to appeal it.
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