Tax Abatement Representation

Seaplane Pilot · 06-05-2006, 01:57 PM

Can anyone recommend an appraisal company (or some other type of company) that specializes in tax abatement representation around the Lakes Region?

Woodsy · 06-05-2006, 02:24 PM

i don't know of any, but good luck! I would think any independent real estate appraiser could help you out.

BUT... Be careful... appealing your tax assessment is double edge sword. It has the potential to assess higher than their original assessment and then your stuck with the higher of the two...

Woodsy

fatlazyless · 06-05-2006, 03:41 PM

From what I hear, appealing your assessment to your local board of assessment is almost impossible since they set the value in the first place and the property tax pays for the entire town budget of which they are a team player. NH has no housing court so you have to sue in the local superior court and present comprehensive comparative sales of similar real estate prepared by a respected professional assessor.

For an interesting and successfull reassessment story that resulted in a much lower assessed value for a large commercial property in Ashland NH check out the saga of the wool mill vs. Town of Ashland from about one year ago which cut it from something like 3.5 mil to 1.2 mil. The story was that the wool mill could not compete with chinese made wool so they stopped making wool after many years, and sold their wool machines to China. The town refused to lower the assessed value of the factory building so the mill owner sued in superior court and hired an assessor and got a big reduction.

ITD · 06-05-2006, 07:37 PM

Actually the first step is to go to your assessors office and pull the record and compare it to your house. If they can't get in to measure when they are evaluating, they guess. And when they guess it doesn't fall in your favor. If you find a mistake point it out, they are usually very willing to correct mistakes. I'd try this first, if you haven't already.

SIKSUKR · 06-06-2006, 08:14 AM

How's my buddy Seaplane Pilot?I'll pm you on who we used on our buildings.See you soon.

06-05-2006, 01:57 PM	#1
Seaplane Pilot Senior Member Join Date: Apr 2004 Posts: 1,177 Thanks: 664 Thanked 943 Times in 368 Posts	Tax Abatement Representation Can anyone recommend an appraisal company (or some other type of company) that specializes in tax abatement representation around the Lakes Region?

06-05-2006, 02:24 PM	#2
Woodsy Senior Member Join Date: May 2004 Location: Weirs Beach Posts: 1,965 Thanks: 80 Thanked 979 Times in 440 Posts	i don't know of any, but good luck! I would think any independent real estate appraiser could help you out. BUT... Be careful... appealing your tax assessment is double edge sword. It has the potential to assess higher than their original assessment and then your stuck with the higher of the two... Woodsy __________________ The only way to eliminate ignorant behavior is through education. You can't fix stupid.

06-05-2006, 03:41 PM	#3
fatlazyless Senior Member Join Date: Apr 2004 Posts: 8,738 Blog Entries: 1 Thanks: 300 Thanked 1,007 Times in 735 Posts	...appealing your assessment From what I hear, appealing your assessment to your local board of assessment is almost impossible since they set the value in the first place and the property tax pays for the entire town budget of which they are a team player. NH has no housing court so you have to sue in the local superior court and present comprehensive comparative sales of similar real estate prepared by a respected professional assessor. For an interesting and successfull reassessment story that resulted in a much lower assessed value for a large commercial property in Ashland NH check out the saga of the wool mill vs. Town of Ashland from about one year ago which cut it from something like 3.5 mil to 1.2 mil. The story was that the wool mill could not compete with chinese made wool so they stopped making wool after many years, and sold their wool machines to China. The town refused to lower the assessed value of the factory building so the mill owner sued in superior court and hired an assessor and got a big reduction.

06-06-2006, 08:14 AM	#5
SIKSUKR Senior Member Join Date: Apr 2004 Posts: 5,075 Thanks: 215 Thanked 903 Times in 509 Posts	How's my buddy Seaplane Pilot?I'll pm you on who we used on our buildings.See you soon. __________________ SIKSUKR

06-05-2006, 07:37 PM	#4
ITD Senior Member Join Date: Apr 2004 Location: Moultonboro, NH Posts: 2,925 Thanks: 476 Thanked 691 Times in 387 Posts	Actually the first step is to go to your assessors office and pull the record and compare it to your house. If they can't get in to measure when they are evaluating, they guess. And when they guess it doesn't fall in your favor. If you find a mistake point it out, they are usually very willing to correct mistakes. I'd try this first, if you haven't already.