Real Estate Assessor Appeals

taxA large percentage of homes in the Chicago area are being ‘taxed’ based on much higher property values, so there’s a very good chance you’re paying the real estate assessor more than your fair share of real estate taxes!

If you feel as though your property has been overvalued, a professional, independent home appraisal is often your best bet in proving your case.

That’s where Chicagoland Appraisals comes in. There are a few different ways for appealing the real estate assessment so it’s important to enlist the help of a professional appraisal company that’s experienced and trained in the ins and outs of the appeal process.  We have attended the Appraisal Institute’s program that was specifically tailored to property tax appeal  “The Nuts and Bolts of Tax Appeal” Property Tax Seminar with Mock Hearing.  Contributors in the seminar included representatives from the Cook County Assessor’s Office, Cook County Board of Review and Cook County State’s Attorney Office.  We have also attended the Realtors Real Estate School’s program for property tax reduction in Illinois.

Prior to hiring a real estate appraiser it often makes sense to do your own research before determining whether to move forward with a real estate assessment appeal.

Keep in mind, according to the Uniform Standards of Professional Appraisal Practice (USPAP), we as real estate appraisers are not allowed to take “shortcuts” — i.e., your research – and use it as face value as part of our independent evaluation. When you hire us for an assessment appeal, you’re commissioning us as an independent, third-party to perform a professional appraisal report.

As such, we do our own evaluation from beginning to end. If you’re correct that your property has been overvalued, an independent report such as ours will be more persuasive than any other evidence you can provide on your own. But once again it does depend on our ability to do the work independently.

Give us a call today at 773-800-0269 with any questions you might have or

Chicago Appraiser

For additional information on real estate taxes see the articles below:

Documentation is Key to Tax Appeals

Illinois Has Higher Property Taxes Than Every State with No Income Tax

Illinois Property Tax Sites:

Cook County Assessor

Cook County Treasurer

Cook County Board of Review

Cook County Property Tax Classification Facts

Illinois State Department of Revenue

Illinois State Property Tax Appeal Board