Are you paying too much in local property taxes? Do you think your property is overvalued by the county government?
You can challenge your assessment if you act soon.
The deadline for all Georgians to challenge their local property tax appraisal is April 1.
By filling out a Georgia property tax return (Form PT50-R), you can have local county appraisers reevaluate your property value. Forms can be downloaded online or gotten from your local appraiser office.
Officials suggest that you also set up a meeting with your local appraiser to go over how they have valued your property to look for errors and to understand better how the system works.
Because of the recession, many property values have fallen dramatically, but that doesn’t mean your property valuation by the county government has been adjusted. If you have evidence of property sales near your property, including foreclosures, that are lower than your own valuation, you may need to seek a reappraisal.
Form PT50-R can be found below.
not been adjusted since 2007 even though the recession has dropped home values acroass the board. The state even mandated that the forclosures be considered in setting values. The tax office payed no attention to these mandates and did nothing (saying the values were frozen) Frozen from being raised but not lowered. If you don't speak up then another year will pass and you will continue to pay more. It's up to you!