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MrsWoods
LIF Adult
Member since 4/12 1461 total posts
Name:
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Do many people Not grieve their taxes?
We don't grieve. We live in a highly desirable neighborhood where house sell super quick so our house will be valued high regardless.
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Posted 4/20/21 1:00 PM |
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RomeyT
LIF Infant
Member since 1/21 355 total posts
Name:
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Re: Do many people Not grieve their taxes?
Posted by MrsWoods
We don't grieve. We live in a highly desirable neighborhood where house sell super quick so our house will be valued high regardless.
That doesn’t mean you’re not paying too much in taxes, though.
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Posted 4/20/21 12:56 PM |
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MrsWoods
LIF Adult
Member since 4/12 1461 total posts
Name:
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Re: Do many people Not grieve their taxes?
Posted by RomeyT
Posted by MrsWoods
We don't grieve. We live in a highly desirable neighborhood where house sell super quick so our house will be valued high regardless.
That doesn’t mean you’re not paying too much in taxes, though.
All my neighbors pay around the same. Even the smallest home.
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Posted 4/20/21 3:29 PM |
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VickiC
Rocking the party
Member since 5/05 4937 total posts
Name: Vicki
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Re: Do many people Not grieve their taxes?
Posted by MrsWoods
Posted by RomeyT
Posted by MrsWoods
We don't grieve. We live in a highly desirable neighborhood where house sell super quick so our house will be valued high regardless.
That doesn’t mean you’re not paying too much in taxes, though.
All my neighbors pay around the same. Even the smallest home.
But that still doesn't mean you aren't paying too much. Why wouldn't you grieve to try and reduce the amount of taxes you might pay. It costs you nothing to do it yourself and if you are denied, there's no repercussions.
Message edited 4/21/2021 5:39:43 PM.
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Posted 4/21/21 5:39 PM |
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Re: Do many people Not grieve their taxes?
Posted by VickiC
Posted by MrsWoods
Posted by RomeyT
Posted by MrsWoods
We don't grieve. We live in a highly desirable neighborhood where house sell super quick so our house will be valued high regardless.
That doesn’t mean you’re not paying too much in taxes, though.
All my neighbors pay around the same. Even the smallest home.
But that still doesn't mean you aren't paying too much. Why wouldn't you grieve to try and reduce the amount of taxes you might pay. It costs you nothing to do it yourself and if you are denied, there's no repercussions.
How do you do it yourself? There is no charge at all?
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Posted 4/21/21 5:42 PM |
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VickiC
Rocking the party
Member since 5/05 4937 total posts
Name: Vicki
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Do many people Not grieve their taxes?
First, as Jeff Gold would say, you don't grieve your taxes, you grieve your assessment. Your assessment determines how much you pay in taxes. It's your assessment x tax rate = your taxes. I have learned a TON from Jeff's FB group.
I've grieved on my own the last four years. I was denied a few years because I am also in a construction value easement, so I think they saw that as my assessment savings. This past year I won an 86 point reduction. I've also saved my parents over $3000, my IL's over $800, my uncle over $5000 by grieving for them. I have saved them the fees of hiring a firm. It literally takes around 15 minutes to submit a grievance.
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Posted 4/21/21 5:43 PM |
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Re: Do many people Not grieve their taxes?
Posted by VickiC
First, as Jeff Gold would say, you don't grieve your taxes, you grieve your assessment. Your assessment determines how much you pay in taxes. It's your assessment x tax rate = your taxes. I have learned a TON from Jeff's FB group.
I've grieved on my own the last four years. I was denied a few years because I am also in a construction value easement, so I think they saw that as my assessment savings. This past year I won an 86 point reduction. I've also saved my parents over $3000, my IL's over $800, my uncle over $5000 by grieving for them. I have saved them the fees of hiring a firm. It literally takes around 15 minutes to submit a grievance.
Going through a company I heard $400 so I would never probably save that much.
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Posted 4/21/21 6:20 PM |
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Hofstra26
Love to Bake!
Member since 7/06 27915 total posts
Name:
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Re: Do many people Not grieve their taxes?
Posted by VickiC
First, as Jeff Gold would say, you don't grieve your taxes, you grieve your assessment. Your assessment determines how much you pay in taxes. It's your assessment x tax rate = your taxes. I have learned a TON from Jeff's FB group.
I've grieved on my own the last four years. I was denied a few years because I am also in a construction value easement, so I think they saw that as my assessment savings. This past year I won an 86 point reduction. I've also saved my parents over $3000, my IL's over $800, my uncle over $5000 by grieving for them. I have saved them the fees of hiring a firm. It literally takes around 15 minutes to submit a grievance.
This is what the previous owners of our home did a little over a year ago. Since the market went down they grieved the assessed value of the home and subsequently argued that the taxes were too high given that the current value of the home dropped. Thanks to that our taxes dropped $3500/year. I am so happy they filed the grievance right before we bought the house.
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Posted 4/21/21 7:34 PM |
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Mill188
LIF Adult
Member since 3/09 3073 total posts
Name:
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Re: Do many people Not grieve their taxes?
Posted by Hofstra26
Posted by VickiC
First, as Jeff Gold would say, you don't grieve your taxes, you grieve your assessment. Your assessment determines how much you pay in taxes. It's your assessment x tax rate = your taxes. I have learned a TON from Jeff's FB group.
I've grieved on my own the last four years. I was denied a few years because I am also in a construction value easement, so I think they saw that as my assessment savings. This past year I won an 86 point reduction. I've also saved my parents over $3000, my IL's over $800, my uncle over $5000 by grieving for them. I have saved them the fees of hiring a firm. It literally takes around 15 minutes to submit a grievance.
This is what the previous owners of our home did a little over a year ago. Since the market went down they grieved the assessed value of the home and subsequently argued that the taxes were too high given that the current value of the home dropped. Thanks to that our taxes dropped $3500/year. I am so happy they filed the grievance right before we bought the house.
I think you're in NJ now. Be careful if you choose to grieve again. NJ law allows the assessment to be raised if you grieve and it turns out you are under assessed. They can go back one year.
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Posted 4/21/21 9:14 PM |
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Hofstra26
Love to Bake!
Member since 7/06 27915 total posts
Name:
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Re: Do many people Not grieve their taxes?
Posted by Mill188
Posted by Hofstra26
Posted by VickiC
First, as Jeff Gold would say, you don't grieve your taxes, you grieve your assessment. Your assessment determines how much you pay in taxes. It's your assessment x tax rate = your taxes. I have learned a TON from Jeff's FB group.
I've grieved on my own the last four years. I was denied a few years because I am also in a construction value easement, so I think they saw that as my assessment savings. This past year I won an 86 point reduction. I've also saved my parents over $3000, my IL's over $800, my uncle over $5000 by grieving for them. I have saved them the fees of hiring a firm. It literally takes around 15 minutes to submit a grievance.
This is what the previous owners of our home did a little over a year ago. Since the market went down they grieved the assessed value of the home and subsequently argued that the taxes were too high given that the current value of the home dropped. Thanks to that our taxes dropped $3500/year. I am so happy they filed the grievance right before we bought the house.
I think you're in NJ now. Be careful if you choose to grieve again. NJ law allows the assessment to be raised if you grieve and it turns out you are under assessed. They can go back one year.
Good to know, thank you.
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Posted 4/21/21 9:36 PM |
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Mill188
LIF Adult
Member since 3/09 3073 total posts
Name:
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Re: Do many people Not grieve their taxes?
Posted by Hofstra26
Posted by Mill188
Posted by Hofstra26
Posted by VickiC
First, as Jeff Gold would say, you don't grieve your taxes, you grieve your assessment. Your assessment determines how much you pay in taxes. It's your assessment x tax rate = your taxes. I have learned a TON from Jeff's FB group.
I've grieved on my own the last four years. I was denied a few years because I am also in a construction value easement, so I think they saw that as my assessment savings. This past year I won an 86 point reduction. I've also saved my parents over $3000, my IL's over $800, my uncle over $5000 by grieving for them. I have saved them the fees of hiring a firm. It literally takes around 15 minutes to submit a grievance.
This is what the previous owners of our home did a little over a year ago. Since the market went down they grieved the assessed value of the home and subsequently argued that the taxes were too high given that the current value of the home dropped. Thanks to that our taxes dropped $3500/year. I am so happy they filed the grievance right before we bought the house.
I think you're in NJ now. Be careful if you choose to grieve again. NJ law allows the assessment to be raised if you grieve and it turns out you are under assessed. They can go back one year.
Good to know, thank you.
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Posted 4/21/21 9:44 PM |
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VickiC
Rocking the party
Member since 5/05 4937 total posts
Name: Vicki
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Re: Do many people Not grieve their taxes?
Posted by windyweather21
Posted by VickiC
Posted by MrsWoods
Posted by RomeyT
Posted by MrsWoods
We don't grieve. We live in a highly desirable neighborhood where house sell super quick so our house will be valued high regardless.
That doesn’t mean you’re not paying too much in taxes, though.
All my neighbors pay around the same. Even the smallest home.
But that still doesn't mean you aren't paying too much. Why wouldn't you grieve to try and reduce the amount of taxes you might pay. It costs you nothing to do it yourself and if you are denied, there's no repercussions.
How do you do it yourself? There is no charge at all?
In Nassau County, there is no charge at all to grieve your assessment. If you hire a firm, you have to pay them half of whatever they would have saved you if you win a grievance. You just go to the ARC website and start the grievance. You have until April 30th this year to do it. If you join Jeff's Facebook group, he literally walks you through the process; it's all in the announcement files. The process is also on the ARC website. You need to create an account and get started. You can save hundreds.
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Posted 4/23/21 1:28 AM |
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VickiC
Rocking the party
Member since 5/05 4937 total posts
Name: Vicki
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Re: Do many people Not grieve their taxes?
Posted by windyweather21
Posted by VickiC
First, as Jeff Gold would say, you don't grieve your taxes, you grieve your assessment. Your assessment determines how much you pay in taxes. It's your assessment x tax rate = your taxes. I have learned a TON from Jeff's FB group.
I've grieved on my own the last four years. I was denied a few years because I am also in a construction value easement, so I think they saw that as my assessment savings. This past year I won an 86 point reduction. I've also saved my parents over $3000, my IL's over $800, my uncle over $5000 by grieving for them. I have saved them the fees of hiring a firm. It literally takes around 15 minutes to submit a grievance.
Going through a company I heard $400 so I would never probably save that much.
But how do you know? I saved over $2000 one year. My mortgage decreased by over $200 every month. That's not worth it to you to try?
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Posted 4/23/21 1:29 AM |
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Mill188
LIF Adult
Member since 3/09 3073 total posts
Name:
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Re: Do many people Not grieve their taxes?
Posted by VickiC
Posted by windyweather21
Posted by VickiC
Posted by MrsWoods
Posted by RomeyT
Posted by MrsWoods
We don't grieve. We live in a highly desirable neighborhood where house sell super quick so our house will be valued high regardless.
That doesn’t mean you’re not paying too much in taxes, though.
All my neighbors pay around the same. Even the smallest home.
But that still doesn't mean you aren't paying too much. Why wouldn't you grieve to try and reduce the amount of taxes you might pay. It costs you nothing to do it yourself and if you are denied, there's no repercussions.
How do you do it yourself? There is no charge at all?
In Nassau County, there is no charge at all to grieve your assessment. If you hire a firm, you have to pay them half of whatever they would have saved you if you win a grievance. You just go to the ARC website and start the grievance. You have until April 30th this year to do it. If you join Jeff's Facebook group, he literally walks you through the process; it's all in the announcement files. The process is also on the ARC website. You need to create an account and get started. You can save hundreds.
This is not entirely true. Grieving taxes Is a 2 part process. The first step (the grievance) is free. At that point, you are basically telling the assessing jurisdiction that you think they’re wrong and to take a look at your assessment. If this portion is denied, you can file a small claims assessment review petition through the courts. The state-wide fee for that is $30. At that point it will be put on the courts calendar for a small claims hearing.
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Posted 4/23/21 2:06 PM |
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mommy2be716
LIF Adult
Member since 1/16 2921 total posts
Name:
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Do many people Not grieve their taxes?
we grieve every year with maidenbaum. our taxes reset when we bought in 2014 because the previous owner had veterans discounts and other things. they were 13k at the time, which went down to 10 in the first year (we paid 50%). The following year, it went down another $800 or $900 (so we paid about $400-450 that year). Every year it's gone down and we eventually got down to about $8500 until this recent tax assessment in nassau. We are now around $9200, but would have been $10,500 with the reassessment. Grieving still helped even though we went up a little.
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Posted 4/23/21 7:52 PM |
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