Tag Archives: fair market value

Real Estate Alert: Is your property overvalued? Deadlines to appeal assessments in Ohio and Michigan are fast approaching

If the amount of the fair market value on your recent Ohio real estate tax bill or Michigan notice of assessment seems inflated or unreasonably high, you should consider a challenge to the value.

By now, many property owners in Michigan have received notices of assessment for 2012, and Ohio property owners have received real estate tax bills based on the value of their property. If you believe that your property was overvalued for tax purposes, you areĀ permitted to challenge the fair market value, and potentially reduce your tax burden.

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