As a Texas taxpayer, one of your most important rights is your right to protest the County Appraisal District’s (CAD) assessment of your property. The appraisal districts do mass evaluations on millions of homes each year. There is plenty of room for error as appraisal districts are prone to using inaccurate information and insufficient methods [...]
Good news for residential homebuyers in Texas! The Texas legislature passed a law, effective January 1, 2022, allowing homebuyers to file for (and be granted) the Homestead Exemption as soon as they close on a new home and change their driver’s license reflecting the new address. The home must be complete and livable by this [...]
If you’ve recently compared the County Appraisal District’s (CAD) value of your home with what you believe your home’s open market alue to be, you may have been surprised at the difference. Both home values are important but have distinct contrasts: The CAD value is an educated guess of your home’s value made by a [...]
So, you’ve decided to appeal your property taxes. As you should! It’s estimated that 90% of property owners in Texas do not protest their taxes. Gill, Denson & Company tax consultant, Joe Gomberg, said, “The tax code is written so it pushes people away from appealing when most taxpayers throughout the state are probably paying [...]
You don’t have to be a home buyer or seller to be affected by today’s unprecedented housing market. Established homeowners, with no intentions of moving, are also greatly affected and not necessarily in a good way. A booming real estate market has driven home values through the roof in Texas and throughout the country. Realtor.com [...]
As a Texas homeowner, you should know the value of your property best and as a taxpayer, you should have a decent handle on your neighborhood and surrounding properties as well. So what do you do if you have reason to suspect that, based on your most recent property assessment notice, your home has been [...]
As a property owner in the Lone Star state, understanding your property value is important on many levels. Your property value helps give you an idea of your net worth, how much you could potentially sell your home for and how your local economy is doing. And, most importantly, it can greatly affect your property [...]
Did you audibly gasp upon opening your property tax appraisal notice? If so, you are definitely not alone. Many Texas property owners are suffering some major sticker shock as home values across the state continue to skyrocket. Homeowners are left not only feeling shocked but, in some cases, upset and unable to pay their taxes. [...]
As a Texas homeowner, you can save thousands of dollars on your property taxes by taking advantage of the homestead exemption. An exemption removes part of the value of your property from taxation and lowers your taxes. For example, if your home is valued at $100,000 and you qualify for a $25,000 exemption, you pay [...]
There’s a variety of homestead tax exemptions available for Texas residents that can help homeowners save thousands of dollars on their property taxes each year. But did you know if you’re a homeowner aged 65 or older that there’s a special exemption just for you? Whether you’ve lived in the Lone Star State your whole [...]
