What is the assessed value? An assessed value is a particular value assigned for a property that helps in taxing purposes. It is calculated with the help of sales comparables of various…
Should I opt for a binding arbitration?
When filing a property tax appeal, you must have come across the word binding arbitration, but what is it all about. Arbitration refers to resolving a dispute outside of the court. Parties…
Protesting Your Taxes Can Be Your New Year Resolution!
As we are stepping into 2021, it is better to have clarity on tax protesting. Most people think when they can’t pay their property taxes they may have to out of a…
3 Real Estate Myths In Times Of The Pandemic
Every single day we come across so many conversations that are somehow related to covid-19. Even real estate myths are being built in the middle of the pandemic. But we have to…
Why protest property tax in Texas?
Many homeowners either plea for help or speak against the increasing tax rates. But, not all find a solution. A property tax bill is something that drops in your inbox every year…
Blog Author
Patrick O’Connor, MAI, Owner and President Patrick O’Connor has been active in reducing property taxes, providing expert witness testimony and appraising commercial real estate property since 1983. Pat is active in publishing analyses and data with respect to the real estate market, while being a highly regarded media spokesperson for the real estate community. He holds a MAI, the highest achievable designation from the Appraisal Institute, and is a licensed senior property tax consultant. Pat earned a Master of Business Administration from Harvard University. In 2001, he authored the first definitive consumer guide to Texas property taxes, Cut Your Texas Property Taxes.