Although this is an older post, it is still pertinent today.
APPEAL THE PROPERTY TAXES!
75% of all property owners do not appeal their property taxes. Therefore, that means 75% of people continue to pay whatever property taxes that are assessed on their home / condo / investment property even if it is not in line with the market value.
Reach out to an established Attorney specializing in Property Tax appeals or save money along the way and file the property tax appeal yourself and increase your odds of success by getting a certified real estate property tax appeal appraisal. Of note, if you go the route of hiring an appraiser, interview them to make sure they have experience with property tax appeal appraisals (which are not the same as appraisals for refinance and require a greater level of skill due to increased complexity) and that they have had success with property tax reductions via reduced assessed values.
Happy Tax Savings!
PahRoo Appraisal & Consultancy