Yankee_in_TX Posted January 13, 2010 Share Posted January 13, 2010 I was reading HCAD's I-File info. Does my tax bill have the info I need to protest, or will a separate appraisal notice come in the mail?Thanks! Quote Link to comment Share on other sites More sharing options...
TheNiche Posted January 13, 2010 Share Posted January 13, 2010 I was reading HCAD's I-File info. Does my tax bill have the info I need to protest, or will a separate appraisal notice come in the mail?Thanks!The 2010 appraised values haven't yet been published and the protesting deadline has long-since passed for the 2009 values, so i-File isn't an option for you at this point in time. A separate notice of appraised value will come in the mail when the 2010 values are published. 1 Quote Link to comment Share on other sites More sharing options...
SaintCyr Posted January 13, 2010 Share Posted January 13, 2010 (edited) Judging by your tag, you wouldn't even be able to protest the taxable value of you home for the year of 2009 since you just bought it. You will have to wait until next year. P.S. This is also when you could apply for Homesteaders Exemption and any others that you might qualify for. Edited January 13, 2010 by SaintCyr 1 Quote Link to comment Share on other sites More sharing options...
Yankee_in_TX Posted January 13, 2010 Author Share Posted January 13, 2010 Oops - plus one to you both. HCAD needs to update their site (it all says 2009). Yes, I meant 2010 For 2009 I was stuck with the previous owner's appraised value $20k above what I paid. Quote Link to comment Share on other sites More sharing options...
SaintCyr Posted January 14, 2010 Share Posted January 14, 2010 Oops - plus one to you both. HCAD needs to update their site (it all says 2009). Yes, I meant 2010 For 2009 I was stuck with the previous owner's appraised value $20k above what I paid. I think to answer your original question tho... They will send you a notice in the mail saying your property appraisal has been realized by the city. Then you need to protest if you think the appraised value is too high. You should have no issues with a protest especially when they see the sale price of the house last year. They dropped mine with no issue. You should be able to do all this all online. Quote Link to comment Share on other sites More sharing options...
Urbannomad Posted January 20, 2010 Share Posted January 20, 2010 HCAD usually doesn't send out notices until April (maybe late March) which is why their site still shows your 2009 value... then like everyone has said, once you get that notice you can protest your 2010 value. Quote Link to comment Share on other sites More sharing options...
Yankee_in_TX Posted March 27, 2010 Author Share Posted March 27, 2010 For those with a lot of protest experience - 3 houses in our development identical to ours were sold within the last 9 months. I think our was the lowest closing price.The appraised value, however, is about $20k over our sale price. Should we JUST use that value in our protest or should we include our neighbor's closing prices which may be as much as $5k above ours? Quote Link to comment Share on other sites More sharing options...
brucesw Posted March 27, 2010 Share Posted March 27, 2010 HCAD usually doesn't send out notices until April (maybe late March) which is why their site still shows your 2009 value... then like everyone has said, once you get that notice you can protest your 2010 value.I got my 2010 appraisal notice in the mail yesterday. I had a similar situation when I bought my house in '92, $13,000 less than appraised value. I took the closing statement in and they said they can't argue with that. Took about 4 minutes once I got face to face with someone. This was before online protests. 1 Quote Link to comment Share on other sites More sharing options...
Yankee_in_TX Posted March 28, 2010 Author Share Posted March 28, 2010 I just clicked on the sale price/recent purchase button and left the text box blank. I figure if I have to appeal I can use the neighbor's sale prices as well. Quote Link to comment Share on other sites More sharing options...
Yankee_in_TX Posted May 12, 2010 Author Share Posted May 12, 2010 Yay! Value lowered $20k. Between that and adding homestead now I need to convince my mortgage company to reanalyze our escrow! Quote Link to comment Share on other sites More sharing options...
Yankee_in_TX Posted May 26, 2010 Author Share Posted May 26, 2010 Can someone explain the fuzzy math? When our tax bill was higher than expected, our mortgage jumped a disproportionate amount. Now that it is back down, it has been lowered a disprportionate amount.Expample - projected property taxes lowered $2000. This is $166.67/per monthOur mortgage is going down almost $300.Huh? I am missing something in the math here.... Quote Link to comment Share on other sites More sharing options...
20thStDad Posted May 27, 2010 Share Posted May 27, 2010 Can someone explain the fuzzy math? When our tax bill was higher than expected, our mortgage jumped a disproportionate amount. Now that it is back down, it has been lowered a disprportionate amount.Expample - projected property taxes lowered $2000. This is $166.67/per monthOur mortgage is going down almost $300.Huh? I am missing something in the math here....Only 7 months left in the year to make up the difference. Quote Link to comment Share on other sites More sharing options...
Yankee_in_TX Posted June 1, 2010 Author Share Posted June 1, 2010 Only 7 months left in the year to make up the difference.Buuuuutttttttt.... They required us to send in a definiciency check and after the lower adjust meant cut us a check for overpayment for the first 5 months. Quote Link to comment Share on other sites More sharing options...
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