Home About Us Employment Office Locations Contact Us For Municipalities Why Choose Associated? Scope of Services Municipalities FAQ Request a Quote   For Home Owners Property Search Assessment Process Assessment Appeal Home Owners FAQ   Home Owners FAQ We are Here for You! The following are a list of Commonly Asked Questions. What is a revaluation? What is the assessor’s role? How does the assessor determine a property's assessed value? What is market value? How will changes in assessed value affect my taxes? How do I know if the assessed value of my property is correct? What will happen to my assessed value if I improve my property? Can the assessment on my property be changed even if the assessor has not seen the inside of my property? Do all assessments change at the same rate? Will I be penalized if I do not allow the assessor access to the inside of my property? I have recently built a new home. Will the construction costs be considered? Could the assessed value change even though I've made no changes to my property? Will my assessment go up if I repair my property? Will I be notified if there is a change in my property’s assessed value? Everything I read and hear in the news media tells me housing values have dropped over the past year so why hasn’t my assessment dropped? Wouldn’t my property taxes go down if the assessor lowered home values in our community? I’ve just refinanced my home and the appraisal used by the bank indicates a lower value than my assessed value. The family across the street was foreclosed on by the bank who sold their home for a lot less than the assessed value. What is market value? Market value is defined as the amount a typical, well-informed purchaser would be willing to pay for a property. The seller and buyer must be unrelated. The seller must be willing but not under pressure to sell, and the buyer must be willing but not under any obligation to buy. The property must be on the market for a reasonable length of time, the payment must be in cash or its equivalent, and the financing must be typical for that type of property. If all of these conditions are met, this would be an example of market value or an arm’s-length sale. If you have a question that you do not see listed here please post it in the comment box below. We will contact you either with a phone call or an email within 48 hours. Your Email Address (or phone number if preferred) Question    Send Email to Sales@apraz.com
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