But, some home owners are not aware that this reassessment is all made up and if they do not appeal this reassessment, they are stuck with all the made up stuff! From the Journal Gazette, Frank Gray's article:
Homeowners aren’t stuck. If they believe their homes have been overvalued for tax purposes, they can appeal.
In fact, county officials are urging people who believe their assessments are out of line to come forward and seek to have it corrected.
But if they don't that means they are STUCK!“
In theory, it’s right on,” O’Day said., from Gray's article.
The fact that some trending values were determined by sheriff sales, did not stop the assessors officials. This is not a long arm deal in determining the value of a home, but that did not stop the assessors.
The process, which O’Day said is still evolving, has run into unexpected problems. There are neighborhoods with lots of abandoned, boarded-up homes. No house had changed hands in years. The only way of determining home values was through sheriff’s sales. In other areas, because of a lack of sales, assessors had to look at houses from other, perhaps not equivalent areas to come up with values., continues the article.
Auctions, are not a market of free actors wrangling over a deal. But all that is just noise to confuse the public. The media has yet to get to the meat of the problem. How does the citizen appeal the corrupt practices that are going on in the assessor, auditor and treasures.
How do we know its corrupt?
And some were even undervalued. O’Day has gotten calls from people protesting that their homes are worth far more than the county says. Assessors will likely be happy to hear appeals from them, too.These folks did not know they were given favor to quiet them and reduce their tax liability. It's lower in value only to reduce their tax payment not the true value of the home.
By these folks coming forward it proves that the assessor offices are still corrupt. This was the goal of the court to point out that it's not the STATE of Indiana but local corruption within each of their city.
Hopefully the media can begin to answers the relevant questions for homeowners, soon.
What are the type of evidences that is needed for an effective appeal?
What is the deadline for filing an appeal?
How many copies are need of the form when filing an appeal?
Who gets copies of these forms?
How some can the taxpayer expect a response on their appeal?
What is the next step if the assessor does not act on the appeal in a timely fashion?
Where are the answer to the property owners relevant question in order to prevent them from being duped of their money?
Or do they have to go to the people who are duping them out of their money for these important answers to their question?
Here's a great resource for discussion on reassessment of residential property:
ReplyDeletehttp://www.homefindinginfo.com/realestateforum/default.asp