By: John K. Fiorillo
In this economic climate, chances are the assessed value of your home is higher than it should be. Your assessment should represent a specified percentage of your property’s fair market value. In Montgomery County, Pennsylvania, properties are supposed to be assessed at 54% of their fair market value. In Chester County, Pennsylvania, properties are supposed to be assessed at 53% of their fair market value. In Delaware County, Pennsylvania, properties are supposed to be assessed at 63.1% of their fair market value. If your current assessment represents a higher percentage of the fair market value, you are a candidate for an annual assessment appeal. An appeal filed now will impact your taxes starting in 2010. The deadline for appealing is rapidly approaching. For Chester and Delaware Counties, the annual appeal deadline is August 1, 2009. The annual appeal deadline for Montgomery County is September 1, 2009. Click here for your county’s assessment website:Delaware County,Pennsylvania, Montgomery County, Pennsylvania,or Chester County, Pennsylvania.
To view an article in the Wall Street Journal on how one property owner in California lowered her tax bill by more than $1,000. Click here.
My office is located in West Chester, Pennsylvania. I am a shareholder in Unruh Turner Burke and Frees. I have successfully helped many Chester, Delaware, and Montgomery County, Pennsylvania residents successfully challenge their property assessments and reduce their real estate tax burden. I would be happy to do the same for you. For more information on whether you are a candidate for an assessment reduction, please contact our office.