A Surprisingly Simple Solution to High Home Taxes

22 August 2017

If you believe the taxes on your home are too high, there’s a simple solution you can try.

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Have you ever wondered how to lower the taxes on your house? If so, you aren’t alone.

Especially right now in Chicagoland, where taxes are being raised by both the city and county, this is something many people are wondering about.

The truth is that the best option for reducing your house’s taxes is to apply to appeal them. This is a fairly simple process. However, you should be aware that the time frame during which you may appeal your taxes varies based on location.

It isn’t as difficult as you may think to appeal your taxes.

So how exactly do you appeal? It’s actually as simple as filling out a specific form. Within this form you’ll need to not only provide comparables to your home, but also explain why you believe your taxes should be lowered based on those comparables.

For example, if you recently saw a comparable home in your neighborhood receive a much lower valuation, you may be able to use this as a means of contesting your current taxes. Based on that information, your taxes will be lowered if it makes sense for them to be so.

If you aren’t comfortable doing this alone, however, you can hire an attorney. Do keep in mind though that the attorney will of course either charge a fee or take a portion of what you make from the process.

No matter the route you choose, it isn’t as difficult as you may think to appeal your taxes.

If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.