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Tuesday, February 26, 2013

*IMPORTANT INFORMATION For Homeowners*: Your Maricopa County Property Taxes (And Appeals)

*IMPORTANT INFORMATION For Arizona Homeowners*: Your Maricopa County Property Taxes (And Appeals)


As you will recall, the November Proposition 117 was passed. Voters thought that this would mean their property taxes would go down or that increases would be limited. The reality is that it may allow tax rates to be raised at any time, regardless of the assessed full cash value.

This could mean that even though your assessment may decrease your tax rates may continue to increase as government deems necessary. It is thus important that your assessment be reviewed THIS YEAR to grandfather in the lowest base starting value for next year when Proposition 117 takes affect.

This may require that you process an appeal with the county. If so, I suggest you learn about the appeal process here: 

http://mcassessor.maricopa.gov/Assessor/PropertyValueAppeals.aspx

My best advice is to review your assessment ASAP. Please feel free to pass this on.

Richard Bazinet - Realty ONE Group - Phoenix Scottsdale Real Estate