April 30, 2011

2011 Proposed Values Now Online

Dallas Central Appraisal District has released the 2011 notice values.  Most homeowners will not receive a notice this year in the mail.  By law, the Appraisal District is only required to send a value notice if your taxable value increases or if you are a new owner.

For 2011 88 percent of the residential properties in Dallas County either did not change in value, or went down.  Regardless of whether or not your value changed, you still have the right to protest your property taxes by May 31st.

April 20, 2011

How do I protest my own Dallas property taxes?

There are many steps involved in filing a Dallas property tax protest.  An abbreviated version of the property tax appeal process is below.
  • File a written property tax protest with the Dallas appraisal district by May 31st or 30 days from the date of Notice of Appraised Value
  • Research appraisal district records, review their data and understand how your home is classified
  • Analyze Appraisal District data to obtain sales and equity comparables in the neighborhood the District has you assigned to
  • Determine the best method to argue for a lower appraised value
  • Prepare a presentation, making sure to appropriately adjust all comparables
  • Travel to the Appraisal District, wait for an informal hearing with a representative from the District, sometimes spending hours waiting
  • If no agreement is reached informally, attend your scheduled Appraisal Review Board hearing at a later date
  • Present your research, under oath to the Appraisal Review Board and a representative from the Appraisal District
  • If the value the ARB decides on is not acceptable determine if filing Binding Arbitration or a lawsuit would be beneficial
Or let NTPTS handle ALL apsects of your property taxes for you.  Call 214-954-4103 and speak to the experts at NTPTS today to get started on your property tax appeal.

April 15, 2011

Property Value Notices

Dallas Central Appraisal District is only mailing proposed value notices to new homeowners and homeowners whose value has increased.  This means if your appraised value stayed the same or decreased from the 2010 certified value you will NOT receive a proposed value notice.  You are able to see your 2011 proposed market value on DCAD's website.  Residential 2011 values will be online Monday, May 2nd, 2011.

You still have the right to appeal your property value even if your value stayed the same or decreased.  Contact us at 214-954-4103 or info@ntpts.com to find out how.