Why Protesting Property Taxes Benefit Property Owners

Dated: April 24 2024

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Protest Property Taxes El Paso TX

DEADLINE TO PROTEST PROPERTY TAXES IS MAY 15TH.

Welcome to The Purple House Real Estate Group's blog! Today, we're diving into a topic that affects every property owner: property taxes.

At The Purple House Real Estate Group, we believe in making the American Dream of owning a home affordable and attainable for everyone. That's why we're committed to advocating for fair property taxes and empowering property owners to protest when necessary. 

Did you know that the assessed value of your property was likely calculated based on the area, and likely by aerial photography?

Yup, the market or assessed value usually is not specific to the property itself, but to the generalities of the property and the area. This means that the Central Appraisal District could be comparing a regular starter home to a custom high-end home if both are on the same vicinity. 

Property owners over 65 years of age can file for Property Tax Deferment and stop paying property taxes!

Let's explore why protesting property taxes is crucial for property owners everywhere.

1. Protecting Your Investment: Your home is likely one of the biggest investments you'll ever make. High property taxes can eat into your budget and diminish the value of your investment. By protesting unfair taxes, you're safeguarding your financial future and ensuring that your investment remains valuable.

 

2. Ensuring Fairness: Property taxes should be based on the accurate assessment of your property's value. However, assessment errors or outdated evaluations can result in inflated tax bills. Protesting allows you to challenge these inaccuracies and ensure that you're paying your fair share based on your property's true value.

 

3. Affordability: Rising property taxes can make homeownership less affordable for many families. By protesting unjust tax increases, you're advocating for affordability in your community. This not only benefits individual homeowners but also contributes to the overall health of the housing market.

 

4. Community Impact: High property taxes can have a ripple effect on your community. They can deter potential buyers, stifle economic growth, and strain local businesses. By standing up against unfair taxation, you're advocating for a vibrant and thriving community where homeownership is within reach for everyone.

 

At Purple House Real Estate Group, we understand the importance of fair and reasonable property taxes. That's why we're here to support you every step of the way. Our team of experts can help you navigate the protest process, gather evidence to support your case, and fight for a favorable outcome.

 

Together, we can make a difference and ensure that the American Dream of owning a home remains alive and well. Join us in our commitment to advocating for fair property taxes and making homeownership accessible to all. Contact The Purple House Real Estate Group today to learn more about how we can help you protect your investment and secure your future.

 

Remember, your voice matters, and together, we can create positive change in our communities. Let's stand up for fairness, affordability, and the American Dream of homeownership!

 

Blog author image

Alex Huereca

My name is Alex Huereca, and I am a Texas Realtor serving El Paso TX community with over 12 years of experience in the industry. I am proud to be the founder of The Purple House Real Estate Group, a b....

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