Real Property Tax Appeals

Georgia Counties were quick to keep their records and property assessments up to date as the property sale prices increased over the past decade. However, they have not been so quick to reduce them since the bubble burst 2 years ago. This has created a gap between the actual fair market value of a property and the fair market value the county has listed on which it bases the property’s taxes. Many properties are not selling for half of what the counties have them valued at, yet the counties are still sending tax bills based on these inflated prices. It is possible yet challenging and time consuming to get counties to reassess these properties. Real Property Tax Appeals Group is working with individual home owners and financial institutions that have REO portfolios of single family homes, condominiums, townhomes and undeveloped subdivision lots to reduce existing property tax assessments. Real Property Tax Appeals Group is the sister company to Rasmus Real Estate based out of Marietta, Georgia. Rasmus Real Estate has been providing Broker Price Opinions in distressed markets for more than 20 years. This enables Real Property Tax Appeals Group to provide the counties not only with the actual fair market value of these properties but also with the statistical information, comparative market analysis and local market expertise to back up their figures.