Tax reassessment has become more and more necessary due to the amount of tax grievances many towns are receiving. These grievances costs the municipalities more then an overall reassessment so this is why they have become more common. The Town Board must take a vote and if approved the process begins. The goal is to provide the highest level of assessment equity and fairness to all home owners in Westchester County.
A firm is elected and they begin the arduous task of collecting all the necessary accurate data. A representative is sent out to visually inspect all of the properties involved and this process can take a year or more. Visually inspecting a property is the only way to properly assess it in my opinion.
A reassessment address the inequities that have emerged over the years and ensures that each home owner pays their fair share of taxes. The reassessment doesn't necessarily mean that your taxes will go up, it simply redistributes the goal tax burden more fairly. This means your taxes may increase or decrease.
Christopher Pagli - www.WestchesterCountyRealEstateMarket.com
Accredited Buyer Representative
Real Estate Associate Broker
William Raveis Legends Realty Group
914.332.6300 office
914.406.9023 cell
mrwestchester.blogspot.com
