Tax Assessment Question

[deb133]

Hello, we have recently purchased a home inTV that was substantially less than what the previous owners paid for the home back in the height of the housing market with the overly inflated prices. However, the tax rate we are being charged is the same. Keep in mind NO changes or additions have been made to the home since it was built. Has anyone had any luck in making an appeal to the tax assessors based on the present economy and considering new home purchasers are now paying a more reasonable price for these same homes?

[CTgolfer]

You should be looking at the Assessed Value of the home. If your assessed value is more than what you paid for the home, you should contact the tax assessor's office. If the assessed value is around 80% of what you paid for the home, the adjustment for taxes has already been made.