My assessment came in over 10% higher than what I paid for my house in September. Anyone have a suggestion for who will protest this on a contingency basis? Or should I hire an attorney and pay a flat fee?
TXTransplant said:
Alternatively, if you bought the house last year, you can show your HUD statement and probably get your valuation lowered to your purchase price.
That's the way it should work, but the Montgomery County folks are a step above illiterate. Below is my history with them taken from the Houston board.Quote:
We closed in May 2016 and the appraised value was $127.5k greater than what I paid for my house, so I protested. They said, "nope, can't go all the way down to purchase price because the appraised value is as of 1/1/16 and you didn't close until 5/27/16. They ended dropping it 100k to $27.5k above what I paid. I asked them if what they are saying is that my home value dropped by $27.5k to my purchase price between 1/1/16 and 05/27/16. They said yes, that's what were saying.
I just got my 2017 appraisal and it is 75k more than what I paid last year. If they are right, my value dropped $27.5k from 1/1/16 - 5/27/16 and then increased by $75k from 5/28/16-1/1/17.