Top 4 Types of Documents to Collect when Challenging Your Property Tax Assessment

Top 4 Types of Documents to Collect when Challenging Your Property Tax Assessment

Here are top 4 types of documents to collect when challenging your property tax assessment. These are some of the most helpful documents you will need. They will boost your success for lowering your property taxes.

1. Collect All Repair Bids and Estimates.

All major problems need professional estimates. This includes issues with the foundation, roof, electrical and plumbing. Likewise, you need repair estimates for damages relating to flooding damage and wood rot. These documents are proof of the repair costs. They are necessary at the hearing.

2. Gather Detailed Photographs.

You need to show all the problems on your property. This will back up and help explain the repair estimates you have collected. Be sure the photos are clear, with good lighting and a verbose description. Taking photos from different angles and distances is helpful.

Be sure to get many general photos of your property. Take a lot of Interior and exterior photos. They will aid in comparing your home with others in your area. Kitchen, bathrooms and main living areas are great to include in your collection of photos. The characteristics of your property are important. You need to show them “> “> “> when comparing the class of your home versus the recent sales in your neighborhood.

3. Keep all Receipts Organized.

Get all the receipts for recent permits and renovations. Checks and credit card statements showing related expenses help your claim as well. Be diligent. Collect all things that prove the expenses you incurred relating to your property. Keep them organized. The costs associated with the work done on your property need to be verified to support your case.

4. Proof of Purchase Price

Have you purchased your property in the last couple of years? Is the purchase price is lower than your notice value? If both of theses are true, then get a copy of your signed settlement statement. Be sure to gather any other key information regarding the sale. This is very important if it was not a typical open market transaction.

A typical open market transaction has these aspects related to the sale:

• It is advertised to the public.
• It is a transaction between two unrelated parties.
• Each party has separate interests in mind.

NOTE: If renovations are ongoing, show only the work completed up to January 1st.

Don’t worry If you don’t have any additional information to provide.
It is not required. Our agents do their own market research. They collect appraisal data while preparing for the hearing.

For more information visit our FAQ page , What should I expect after I sign up with Texas Protax?

We want you to know the information needed to challenge your property tax assessment. Learning the top 4 types of documents to collect will boost your success for lowering your property taxes. 

Call or email with questions
AUSTIN    (512) 339-6671 info@texasprotax.com   HOUSTON    (713) 635-9100 houstoninfo@texasprotax.com

For more information:
Texas Protax FAQ

TEXAS.GOV – Comptroller Resources for Taxpayers PROPERTY TAX SYSTEM BASICS

Tags related to this article:

Read More