I submitted mine the end of April. Haven't heard anything yet.
Diggity said:
March of this year?
What do you think triggered HCAD to jack it up so much before it changed hands?
Was it a flip?
I filed on 5 properties on 3/25. Received iSettle offers on two on 5/5. One on 5/13. The other two I haven't heard back.Charlie Murphy said:
Dumb question, you have to have filed by today but that doesnt mean they will make their decision by today? Just wondering how long this takes? Filed a few weeks ago.
My company went to mediation at the mediator's office on the Katy Freeway last month.Martin Q. Blank said:
Has anyone gone to a hearing, informal or formal? The building is closed.
If its any consolation to you, the informal meeting would have gone the same way. Guy would sit across from you, say the exact same thing as iSettle said and then recommend you go to formal.ChemAg15 said:
I submitted an iSettle request back in April. I gave them the number I got from Jubally, which seemed low to me, and my plan was to accept the iSettle offer if it was reasonable (aka close to last years value). Just got an email back from HCAD stating:
"after reviewing the information we have available, we cannot propose an online settlement for your 2020 protest. Since sales disclosure is not mandatory in Texas, we acknowledge that our market information may not be complete and that you may have evidence unique to your property that may support a reduction in your property's market value."
So they don't have enough information to determine my home value but they can arbitrarily jack up my property value? Oh and I don't get to do the informal meeting because I tried iSettle. I wasn't planning on using the informal meeting but it's still a crappy thing for HCAD to do.
Both times I got the informal appraiser to lower a significant amount based on Jubally info. In one he dropped all but one comp and use the Jubally comps.one MEEN Ag said:If its any consolation to you, the informal meeting would have gone the same way. Guy would sit across from you, say the exact same thing as iSettle said and then recommend you go to formal.ChemAg15 said:
I submitted an iSettle request back in April. I gave them the number I got from Jubally, which seemed low to me, and my plan was to accept the iSettle offer if it was reasonable (aka close to last years value). Just got an email back from HCAD stating:
"after reviewing the information we have available, we cannot propose an online settlement for your 2020 protest. Since sales disclosure is not mandatory in Texas, we acknowledge that our market information may not be complete and that you may have evidence unique to your property that may support a reduction in your property's market value."
So they don't have enough information to determine my home value but they can arbitrarily jack up my property value? Oh and I don't get to do the informal meeting because I tried iSettle. I wasn't planning on using the informal meeting but it's still a crappy thing for HCAD to do.
I'm sure the informal guy only has the authority and ability to marginally reduce taxes on obvious issues with easy comps. Looks like you've got a hard to comp property and you asked for a big reduction. So either way, it was going to wind up in front of the formal hearing.
Yes. Be sure to look at their evidence beforehand to pick apart their comps.Crazy Ag 97 said:
In the past I got what I wanted at informal or using isettle, this year not so much. They came down a lot, but not as much as I feel is correct. Based on recent sales, the value they offered is actually pretty fair, but based on comparable values, I feel like I'm over valued by about 6%. I've never been to formal, I'm arguing unequal value and have 10 solid comps, do I have a chance?
I have looked at their comps, and it may be a tough sell to get it any lower. I am arguing unequal value as the basis for my protest, Looking at their comps, all 5 of their their value comps are on my street, all 5 are the same builder, almost identical square footage, almost identical houses with just slight variations in the front elevations, same condition, same size lots. To make it worse, none of my neighbors ever protests (even though I have begged them to) so they are all WAY over valued. The average value of the 5 comps HCAD is using would be almost 13% higher than mine if I accept their offer. All of my comps are clustered together on the other side of Shepherd, so anyone that knows the area would know that even though we have the same neighborhood codes, Shepherd is a dividing line when it comes to home prices.Martin Q. Blank said:Yes. Be sure to look at their evidence beforehand to pick apart their comps.Crazy Ag 97 said:
In the past I got what I wanted at informal or using isettle, this year not so much. They came down a lot, but not as much as I feel is correct. Based on recent sales, the value they offered is actually pretty fair, but based on comparable values, I feel like I'm over valued by about 6%. I've never been to formal, I'm arguing unequal value and have 10 solid comps, do I have a chance?
ChemAg15 said:
Still pissed that isettle gave me the shaft. No offer whatsoever