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Property Values and Tax Burdens

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0701tax1.jpg

Homeowners in parts of NE Ohio have begun receiving re-valuation notices on their houses, and not surprisingly, most values are being revised downward.
Some homeowners may argue the new value isn't actually low enough. Understanding those assesments and challenging them can be a complicated process. And in almost every case, the potential individual property taxes savings comes at a cost to the community. Wednesday morning at 9, we'll talk about how, why and whether to negotiate a lower value for your house and what lower home values mean for our cities.Mark Stewart, Lorain County Auditor.
Ed FitzGerald, Mayor of Lakewood.
Emily Braman, President and Chief Appraiser at C. P. Braman & Co