Appeal your property taxes with a professional

More now then ever, those responsible for assessing residential property are walking a very tight rope. Values are down, most anybody that woke up this morning is aware of that. However, how down and what is fair is another question. As new assessed value notices start showing up in Michigan residents mailboxes, they might see a reduction in the SEV which may or may not have an impact on the taxable value, and ultimately the amount of property taxes. In order to take advantage of the lowering in property values (might as well get some benefit) your SEV has to be less. This is confusing, if you have a lot of time to learn this, know what to do, do it on your own. If you don’t, hire somebody that does, on a contingency basis. The success rate for professionals doing property tax appeals is reported to be twice as high as a homeowner doing it on their own. I made that up, but sounds about right.