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Feature TYLA Project

Appealing your Home Appraisal
By: Cameron Cox
 

This spring, TYLA Directors Priscilla Camacho, Cameron Cox, and Brooke Allen are teaming up to develop an easy-to-use resource for all  Texas homeowners to use when appealing the appraisals on their homes for purposes of reducing their property taxes. This project is the result of TYLA President Natalie Koehler and Director Brooke Allen’s discussion earlier in 2011 about the process required and deadlines you have to meet in order to protest and appeal your home property appraisal within your governing appraisal district.

The process is easy if you know the five keys: (1) the deadline to file an original protest; (2) the information that must be contained in the protest and provided at the hearing; (3) what happens if your protest is denied; (4) the deadline to file an appeal; and (5) what needs to be contained in the appeal and provided to the appraisal review board at the appeal hearing. The TYLA appraisal protest and appeal project will provide the answers to these five keys, as well as tips to increase your chances for a successful protest and/or appeal.

The TYLA appraisal protest and appeal project will also include additional information regarding all exemptions that are available for your residential home appraisal and property tax assessment including a homestead exemption, an over 65 years of age exemption, a veteran’s exemption, and/or a disability exemption. All of these exemptions reduce a homeowner’s tax liability by reducing the amount of tax levied on the appraised value, or by “capping” the appraised value.

This project is slated for completion in March of 2012 and will initially be an online resource on the TYLA website, but it will have the ability to expand into a handout and/or brochure to be made available in the future. So keep an eye on TYLA’s website (www.tyla.org) for this exciting and extremely handy project!