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Real Estate Assessment time 2012: Welcome to Spotsylvania!

Okay folks, its assessment time again in Spotsylvania county. I love my county, but sometimes I get confused by their reasoning. For example, our local real estate market has been in a downward slide for the past 4-5 years. We have lost at least 40% of our value from 2007. However, my county real estate assessment has increased by about 13.5%.

I know the assessors office has a huge workload and don’t fault them for their errors. However, as the homeowner you have the right to appeal the value they assign. Appeals are due by Febuary 7th 2012. The appeal form can be found online here. You will also need to prove that your home is worth less. You can do that by digging through the county records, which show sale values. You can also call me or another REALTOR for help. I provide this as a free service to my clients because I like to be the guy that helps them save money.

Whether or not you call me, take a look at your value. If it has gone up, I would suggest appealing it. Feel free to call or email me with questions.

Posted on January 25, 2012 at 9:35 am by Ray Nelson

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