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Old 06-03-2004, 05:42 PM   #8
Skip
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Default More info needed....

As I posted earlier, it is impossible to intelligently discuss your mother's tax issues without knowing the town & lake she is situated on.

There is a number of factors that could have caused the jump.

The first (and most important)question to ask....is the newly assessed value of her property what she would consider fair market value and in-line with the level of assessment of the rest of the similar properties in her community?

If they have over valued her property, then she should immediately contact the town to file an abatement.

Or was her property severely under assessed for the last few years, and the town has now discovered the discrepancy?

Again, without location details it is very hard to offer any applicable advice.
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