Homeowners are challenging property-tax assessments at a record rate | Philadelphia Inquirer | 10/04/2009: "With the ebbing of the real estate market, a record-bursting tide of property-tax appeals is inundating assessment offices all over the region - and the nation - with appeal numbers double and triple what they were last year."
------------
My sense of the situation--and it is just anecdotal--is that assessments have not been lowered to reflect the decline in property values. That would account for the wave of challenges.
No comments:
Post a Comment