Many, if not most, Shelby County property owners were at least mildly shocked by the Assessor’s new 2017 property valuations. Some were shocked much more powerfully, seeing their valuations rise 35, 50, or ever 100% over the Assessor valuation from 3 years ago. There is an informal appeal process described on the Tax Assessor’s site, to […]
Are you paying too much property tax due to an incorrect appraisal?
If you are a home owner in Shelby county, you probably scratch your head every time you get a new appraisal from the Assessor’s office. Talking to your neighbor who has a much bigger and nicer house than yours, but a significantly lower appraisal makes the situation even more perplexing. There is an appeal process. […]
Resources for Memphis area house values
What is the real value of your house in the Memphis area? By definition the value of a property, be it a house, a car or a horse, is what a willing seller is willing to accept and what an able buyer is willing to pay. The agreed amount of the executed transaction is true […]