Comments on: Should I opt for a binding arbitration? https://www.cutmytaxes.com/should-i-opt-for-a-binding-arbitration/ Tax Reduction Experts Mon, 25 Sep 2023 07:40:00 +0000 hourly 1 https://wordpress.org/?v=6.3.7 By: revanth Vema https://www.cutmytaxes.com/should-i-opt-for-a-binding-arbitration/#comment-7892 Sun, 10 Jul 2022 03:58:16 +0000 https://www.cutmytaxes.com/?p=831#comment-7892 I am interested to file property tax arbitration with collin county Appraisal District. Here is my address 7780 Arches Lane, Frisco, Tx. Please let me know my chances and would like to hear from you

]]> By: Dave https://www.cutmytaxes.com/should-i-opt-for-a-binding-arbitration/#comment-5760 Sun, 16 Jan 2022 20:22:37 +0000 https://www.cutmytaxes.com/?p=831#comment-5760 In reply to Dave Lawrence.

additional:
I just cannot understand how one foot on either side of the county line can be appraised at $40,000/acre on one side and on the other side of the county line be at $7,000/acre. I feel something is absolutely wrong here. I have to go into to speak with the chief appraiser for him to tell me what my options are, he says, and he will not discuss my case at all. Once I file for Binding arbitration, what chance is there that he would offer to sit down and settle with me before an Arbitrator appointment arrives?

]]> By: Dave Lawrence https://www.cutmytaxes.com/should-i-opt-for-a-binding-arbitration/#comment-5759 Sun, 16 Jan 2022 20:15:06 +0000 https://www.cutmytaxes.com/?p=831#comment-5759 If the chief appraiser in my county raises appraisals of property in this small rural subdivision from $5,300/acre to $40,000/acre and, the chief appraiser settled with one owner who has three lots together with a house on on one of those lots at $11,000/acre as now posted on appraisal district’s website while my lots are still appraised at $40,000 and still being protested for 2021. My ARB hearing was Dec 14th, 2021. Isn’t this an obvious case of unequal appraisals? My tax burden on just 3.5 acres of my lots equals the same acreage as this property the chief appraiser settled with @ $11,000/acre is 73% more for the same 3.47 acres.
He is being billed for 2021 property taxes totaling just $704 while I am being billed for the same amount of acreage at $2,288… 73% more! How could an binding an arbitrator not lower my appraisal from $40,000 down to the same $11,000/acre as was apparently settled even before I went into my ARB hearing. This 3.5 acres of mine I am comparing to the other guy’s is not even including another 1.5 acres of lots. I am just comparing land tax figures, not house tax figures. How is this even legal? I need to know some things before filing for Binding Arbitration shortly. The appraiser is did not even consider a number of sales recently made in the $10,000, to $12,000 range.
There is also a county line cutting through the subdivision. Properties in the other county on the other side of the “dotted line” are in the $5,000, $6,000, $7,000, $9,000, $12,000 to $15,000 appraisals. Aren’t appraisals generally expected the same in subdivisions? We use the same roads, have the same entrance, use the same public Water system and are part of the same HOA.
Thanks for any info.

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