In 2009, many Ohio counties reappraised real property and assigned new values that will be used to determine property taxes through 2012. The deadline to contest these valuations in March 31, 2010. While not always cost effective, many owners of high value property are finding that in light of the recent slide in property values, appealing these valuations makes sense. Auditors typically use mass appraisal systems that do not always take into effect localized conditions or even recent sales. If you own property and feel that your valuation has been adjusted improperly, or not properly reduced given the recent downturn, we can help determine if contesting the valuation makes sense for you.
Written by KMFY Law
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