property tax protest

Watch for A Notice of Appraised Value in Your Mail

4 Important Things to Know About What This Notice Means –
The reminder

  1. Find Your Notice of Appraised Value Letter” that you should have received in your mail this month notifying you of your new proposed 2014 market value for your property.
  2. Ask This: Once you have reviewed this market value, ask yourself, “Is this more than I can get in a sales price if listed my house for sale today?”  Or in other words, if I sold my home today, what could I reasonably get for it?
  3. Don’t Wait: The Protest Deadline this year is June 2nd 2014 for all major North Texas counties in Dallas and Ft. Worth. So if you don’t agree with the notice, you only have a short time to get your paperwork ready and file a protest prior to this date.
  4. We Can Help You Do this: Call our office or go to our website for more information.  www.CarlsonPropertyTax.com or to sign up for representation services. It can save you money.

Sales Prices Are Up:  Median Sales Price Up: Dallas area median sales price up from 2012 to end of 2013 rose 9.7%. This comparison is below the national average climbing to 13.6%. Our increase of 10% in a sales price was the largest growth we have ever experienced since we started keeping records.A person holding a miniature house and some dollar bills

The Latest Numbers: Dallas home prices are up 10.2 percent in the latest Standard & Poor’s/Case-Shiller Home Price Index.

Overall Summary is Good. 

  • Positive Overall: Overall we should feel good about our rebound from downturns in other markets.
  • More Jobs, Higher Incomes: Texas has more jobs and higher incomes, which contribute to a healthy real estate market.
  • Low Supply of Homes For Sale: We are experiencing the lowest amount of inventory of homes for sale in several years.
  • Home Values Up: The Case-Shiller Index says Dallas homes are up about 5% from the recession and Core Logic stated home prices have been appreciating the last 2 years.

The largest gains in a median sales price were in Las Vegas and San Francisco at 27% and 24% respectively.  Typically these markets are volatile and will show big swings in value.

Click Here to Learn Morewww.CarlsonPropertyTax.com or to sign up online for representation services at the Appraisal District.

 

 

Important Property Tax Dates for NorthTexas

Important Dates for Property Taxes in North Texas

Property Tax dates to keep handy if you own property in the North Texas area.

January 1 Date determining current year taxable value and exemption status.
January 31 Last day for mailing or paying prior year tax bills. Deadline to file prior year’s 25.25(d) or 25.25(h) corrections. Prior Tax Year’s taxes must be paid or the 25.25 is not valid.
April 15 Deadline for filing Personal Property renditions and 30 day extension requests.
April 30 Deadline for filing Homestead Exemptions, Freeport Exemptions, special valuation and abatement applications.
May 31 Deadline for filing property tax protests. (Or 30 days after delivery of Notice of Appraised Value).
June – September Majority of appeal hearings are conducted.
October Majority of tax offices mail tax bills that must be paid by January 31 of the following year.