Thursday, June 3, 2010

Taxes Reduced

6 months later, our property taxes have been reduced. If you remember, back in January we petitioned the county auditor to have our property taxes lowered based on a new appraisal. Well, on May 17 we got a letter saying that everything was approved and our taxes have been reduced. BUT the best part about the taxes being reduced is it is back dated to 01/01/09.

This means that since our taxes were reduced by $750 per year, we get a credit from the overpayment last year plus then our escrow payment is reduced by $62.50 per month.
In the money saving game, don't forget the look at everything. This really paid off for us!


2 comments:

Katie said...

That's awesome! We get to file for homestead this year and supposedly our taxes will go down around $1,000 per year. I am definitely looking forward to it!

Linds said...

That's so great! We petitioned our county, but they wouldn't budge. Even though most houses in our neighborhood are selling for 20-30K less than what the county appraised them for. It's RIDICULOUS!