In the past Alabama has stated that they will not utilize foreclosure sales when assessing properties. They claim that they must use market driven sales. In many areas of the Birmingham, Alabama market foreclosures are playing a big part due to the large number compared to normal sales. In fact the national news states that [...]
Entries Tagged as 'Property Taxes'
Will Alabama Property Assessments Ever Include Foreclosure Sales?
September 28th, 2011 by Tom Horn · 2 Comments · Property Taxes
Tags:Alabama·Appeal·Assessment·Birmingham·County·Jefferson·Property·Protest·Reassessment·Shelby·Tax
How to Appeal Your Birmingham, AL Property Taxes
May 11th, 2011 by Tom Horn · 4 Comments · Appraisal, Appraisal Tips, FAQ's, Property Taxes
I looked at some appraisals I recently completed and found that 7 out of 10 homes were over assessed. Property taxes are based on the market value of your home and the market value of your home is determined by looking at what other homes have sold for in your area. If your home has [...]
Tags:Alabama·birmingham tax appeal·jefferson county tax appeal·property tax·Reassessment·shelby county tax appeal·tax appeal
Appraisals Are Not Just For Mortgage Financing: Non Traditional Uses
March 9th, 2011 by Tom Horn · 2 Comments · FSBO Tips, Legal Matters, Market Trends, marketing, Property Taxes, Realtor Tips
Most people only think about real estate appraisals when they are buying or refinancing a home. In truth real estate appraisals are used for many other “non traditional” uses. Appraisals are required any time the value of real estate is needed. The value may be as of the date it was inspected or it could [...]
Tags:alabama appraisal·bankruptcy appraisal·estate planning appraisal·foreclosure appraisal·marketing appraisal·pmi removal appraisal·tax appeal appraisal
What’s Happening To The Townhouse Market In The Alabaster/Pelham/Helena Area?
March 7th, 2011 by Tom Horn · 2 Comments · Market Trends, Property Taxes
I recently completed an appraisal assignment in Alabaster, Alabama for an attached townhouse unit and I wanted to share with you what I found. The graph shows townhouse sales in the area from January 2005 to February 2011. As you can see, values are definitely declining. Based on the property I was appraising, the search [...]
Tags:Alabama·alabaster·declining value·helena·over assessment·pelham·Property Taxes·townome sales
FAQ: Does The County Appraiser Know What You Appraise My Home For?
September 30th, 2010 by Tom Horn · 4 Comments · FAQ's, Property Taxes
Have you ever wondered if the county tax assessor/appraiser knows what your house appraises for when you refinance your home? This was a question I got the other day from a homeowner when I was at their home doing an inspection. The answer is “No”,the county assessor does not know what your home appraises for. [...]
Tags:Alabama·confidential·jefferson county·Property Taxes·real property taxes·shelby county·tax appeal appraisal·tax assessor
Jefferson County-Birmingham, Alabama: Are You Happy With Your Property Taxes?
August 3rd, 2010 by Tom Horn · 2 Comments · Property Taxes
Well, by now Jefferson County residents in Birmingham, Alabama have received their real property tax notices. Are you happy with the recent reassessments the county has made? In a recent article on Al.com, they reported that approximately 80% of property owners WILL NOT see a change in their property taxes. They have stated that they [...]
Tags:Alabama Property Values·Birmingham Alabama·jefferson county·real property taxes·tax appeal
Birmingham, Alabama Homeowners: New Property Tax Assessments are out
July 18th, 2010 by Tom Horn · 4 Comments · Property Taxes
If you live in Jefferson County, Alabama please don’t forget about your property tax assessments, which came out at the beginning of July. It is a good idea to check the value that the county has your house assessed at. If you believe it is too high it is possible to contest the value, but [...]
Tags:2010 Property Taxes·Birmingham Property Taxes·Birmingham Tax Appeals·Contest Property Taxes·Dispute Property Taxes·How to appeal property taxes in Jefferson County·Jefferson County Assessor Office·Property Tax Assessments in Jefferson County·property tax reduction in Jefferson County
Shelby County Alabama Property Values Decline
May 23rd, 2010 by Tom Horn · 4 Comments · FSBO Tips, Market Trends, Property Taxes
Shelby County tax assessors recently released their latest reassessments for 2009 and the results revealed that property values have declined for the first time in many years. Both ends of the value spectrum have been affected. From starter home subdivisions like Ironwood to upscale neighborhoods like Greystone and Highland Lakes. According to the report 80% [...]
Tags:Alabama Property Values·home value·Home Values·house value·Market Trends·Shelby County Alabama Home Values·Shelby County Alabama Market Trends·Shelby County Tax Assessor·tbrander·Tom Brander
Why pay high property taxes? Get your home reassessed!
February 9th, 2010 by Tom Horn · No Comments · Property Taxes
It’s an unfortunate but true fact: property values are declining. With the number of foreclosure properties and short sales entering the market, property values have declined in most areas. In the past a foreclosure sale, or other similar sale where the price is lower than normal, would not have been given much consideration because it [...]
Tags:Alabama Appraiser·Property Taxes·Real Estate·Reappraisal·Reassessment·Shelby County Alabama·Tom Horn
