Home values are dropping. It's time to look at the value of your house and determine if the tax rate is fair. When values increase tax rates reflect those increases and go up. The law states that they should go down when values drop.
For most counties, this is not an automatic adjustment. Owners must petition to have their property tax rate adjusted for the lower value.
Listen as we discuss this process and when it's best to do it.
Please visit our website LoganAndersonllc.com Check out some of our blog articles. If you live or will live on the Mississippi Gulf Coast, check out home values on our website.
