Tax assessments recently came out throughout the state of South Carolina. Already there is talk of widespread appeals from property owners in the Charleston area.
The greater Charleston area is made up of three counties Berekely, Charleston and Dorchester. The tax rate for the same house is somewhat different based on which county the house sits in. Charleston county has by far the highest tax rate.
So what is the process if Uncle Sam or one of his town officials taxed you too much based on today's housing market slump? After all, prices have gone down significantly, Charleston not being an exception.
Most people should be able to handle the appeals process on their own. You have 30 days after the tax notice arrives to file the appeal. Don't wait until the actual bill arrives. At that point, it is too late and you know the government isn't going to help at that point. Most counties require a licensed professional to prepare an analysis of the local market property values for the folks that sit on the tax board at the local level.
The property owner should be acvtively involved in working with the appraiser to make sure they are aware of everything around your home that might impact its value. You will want to take into consideration zoning, neighborhood amenities, planned construction enhancements etc.
Additionally, learn the rules and deadlines for the local assessors office. Each county has ther own forms (it would be too easy for every county in SC to use the same forms) and we all know if there is a better way, it won't be found in the government offices at any level. Check deadlines carefully becuase if you miss one, well, you are out of luck.
When you head for the final stage, the appeals hearing, be armed with all the evidence you can to support your appeal using every comparable that you and your propfessional consultants have. Be ready to present and make a clear and logical case for why your tax assessment should be lower.
Homeowner's Guide to Property Taxes In SC
Don't want to go it alone – The state of SC allows for a property owner to represented by an appraiser, attorney or accountant in any request for review or appeal of property assessments.
Use a representative in Charleston to help you with the process.
