Mark Tait

Yes it does hurt. I let the period for my property tax appeal slide by for 2009 and now I am paying the price - literally. The taxes I am paying based on the assessor valuation is WAY OFF for my properties. But now I can't do anything about it. So I went and researched what I could do if anything about the taxes I will be paying in 2010. Turns out I can take the matter to court...fun!

Oh, I am going to bring all my properties withme with comp's so I can get them all appealed at the same time...this is very important - BRING YOUR COMPS and two copies of everything when you go file.

So here is the info below;

To appeal your tax assessment for 2010 - the deadline is December 15^th, 2009.

You will have to file suit in small claims court.

It is $140 to do this. Once you have done this you will receive a court date and then just bring your valuation data to show the judge that the assessed value is too high and he will render a decision.

IT IS TO LATE to do this for prior years - 2008, 2009 etc.

SMALL CLAIMS PROPERTY TAX APPEAL ATTENTION: Use the forms on this page only if the following factors apply to your situation:

• You want to do your own appeal, without a lawyer representing you AND,
• You want the valuation of your property reduced ("valuation" is the full cash value of the property on the notice you received from the County) AND,
• You want the valuation reduced for this year - the current tax year. (If you didn't file this kind of a claim for last year's valuation, it's too late to do it now!) AND,
• You paid your taxes before they were delinquent (before or when they were due).

Here is the link to the PDF file to do the appeal in court;

http://www.superiorcourt.maricopa.gov/SuperiorCourt/Self-ServiceCenter/forms/PropertyTaxCases/tax_txsc1.asp

County assessor number: 602-506-8511

Its Perry Mason time!

www.marktait.com

I really like how it feels to help someone get a house, let alone their first one.

Letter from Rigo Espinoza - first time homeowner -

It feels great!! Man I can't thank you enough for helping me get it. I was getting so frustrated in the beginning (with all the offers being rejected). It felt like we were never going to get anything. Once we actually found the house the whole process went great. I thought the loan would be the most difficult part, but you and your people made that the easy part. Thanks for explaining all the little details, and for being so patient with me. I would have been lost without your help.

Since we moved in I've been working my butt off everyday. Then I decided to remodel both of the bathrooms I've got one done so far, it looks a lot better. I put travertine tile on the floor, new vanity, new toilet, and granite counter tops, plus a vessel waterfall sink. It looks 100 times better. I got everything to do the master bathroom the same but I've been busy trying to get stuff arranged to work on it. I also got the fence done and my garage built. I'm actually going to put on the garage door opener on right now. I'll send you some pics when I'm done or you can come check it out.

Thanks for working so hard for me!

Thanks again,

Rigo

--- On Tue, 8/18/09

I know what your thinking, sounds complicated. It can be and that is why you need representation to evaluate the inventory. REO's maybe the best solution for the area you are in, a short sale could also work where the competition keeps all but the very lucky away from the closiing table. Have cash, trustee sales are another avenue for more risk tolerant buyers.

Want to develop a strategy? Contact me and lets determine the best way to create your next home or investment.

Scottsdale, Az 8/18/2009 - There are several way to buy it. Direct from banks - good luck with that one. Mulitiple listing service - super competitive, so prices get jacked up. Or trustee sale.

With trustee sales you have to pay cash within 24hours, but there is a better chance of getting wholesale prices and less competition.

With that said its not a slam dunk. I look at 4 or so properties a day - I do the work to make sure they have value.

How? I Map them, drive them, tax comp then, MLS comp them and make sure the margin is there once I determine condition and rehab costs.

Plus, since its all happening so fast you have to have a steel in your viens since they are all sold as is and if there are any problems - you will own them.

www.marktait.com