We work with residential homeowners to determine whether that the property value appraised by the county assessor’s office is, in fact, fair market value. The issues related to the upcoming 2011 countywide tax assessment, detailed in Sears & Partners’ analysis.
We meet with the homeowner to view the property and to compare the county appraisal with our general understanding of the market conditions for the area. If we believe that there may be a substantial difference between that appraisal and fair market value and the homeowner agrees, then we provide, for a small fee, a detailed market analysis of the property and our professional opinion as to what its fair market value is. This is not an appraisal but a comparative market analysis.
If an appeal is successful, then we are paid a negotiated contingency percentage of the actual taxes saved by the homeowner.