Quick Tips from Joe - Henry County Property Taxes

Joe Farro Certified Mortgage Planner Phone: (678)289-6600 (800)613-0650 Fax: (678)289-6601 jfarro@joefarro.com www.premiercapitalmortgage.com

Property Taxes

In this economy it is more important than ever to be informed about how we can save money. In Henry County Georgia, recently there was a town hall meeting hosted by District 4 County Commissioner Reid Bowman explaining the property tax assessment process and the procedures necessary to dispute property valuations with the Assessor's Office. Property taxes are figured based on fair market value as defined by the State of Georgia in the official code. At present, the assessor cannot use sales of distressed properties (foreclosures, auctions, etc.) in determining market value. (That may change as there is proposed legislation under consideration in this session of the Legislature.)

If you believe that your home is currently valued at more than it's fair market value, and want to file a dispute for review, you must file the attached form with the Henry County Assessor's Office by April 1, 2009. You can go to the Assessor's Office for assistance with the completion of the form http://qpublic.net/ga/henry/TaxPayersReturnRealProperty.pdf

IF THIS FORM IS NOT SUBMITTED, YOU CANNOT REQUEST A HEARING.

Submission of this form will preserve your right to a hearing on your valuation which you should receive sometime in early May.