The Challenge
Market research to determine effect of these issues on the market value.
Solution
Detailed market analysis prepared and presented to the County showing the assessment was higher than current market value. Further documentation was provided to the County regarding the water and fire issues with the property. There were numerous discussions with the County representative to come to an agreement on the fair market value prior to the hearing.
Client benefit
Reduced assessment and a refund to the taxpayer.
Resolution
Client assessment temporarily reduced and future assessments monitored, reviewed and re-evaluated annually to ensure a fair assessment.