Home prices are still going down in many markets. But your property-tax bill might well be going up.
The good news: There are ways to fight back.
There isn’t much you can do about your property-tax rate, which is set by your local government. But homeowners can often get their assessment lowered if they appeal to their local assessor. That can translate into a lower tax bill.
The key to a successful appeal of your property value, experts say, is comparable sales, or “comps.”