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To Contest High Property Taxes
If property owners feel that their property is assessed too high, then they may order an appraisal from a qualified appraiser to contest the assessment.

In certain parts of the country this practice is common, but many property owners are not aware that this avenue of reducing their tax burden is available.

The return on investment is easy to perceive when the cost of an appraisal is compared to several years of lower taxes for the property owner. Professional appraisers that accept these assignments must remember that sometimes they include an appearance in front of the equalization board to argue the landowner's case.

The appraiser, however, must be careful not to base the appraisal fee on the dollar amount of the appraised value, which could be a violation of the USPAP.
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National Association of Independent Fee Appraisers - 330 North Wabash Avenue, Suite 2000, Chicago, IL 60611

Phone: 312-321-6830 Fax: 312-673-6652 Email: info@naifa.com