Don’t Ignore your TRIM Notice
Many property owners just ignore their Notice of Proposed Property Taxes (TRIM) and accept the Broward Property Appraiser’s market value for their property. Here is a suggestion: At the very least open your TRIM notice and look at the value in the “Property Value This Year” box. If it doesn’t pass your own sniff test then you may want to give it some more thought. Ask your local REALTOR® to run a quick market analysis for you and compare that with the market value on your notice. If you think there is a significant difference, then there is something you can do about it.
What to do next…
If you think the market value on your TRIM notice is too high the first thing you should do is call the Broward County Property Appraiser to discuss your valuation with them. They have extended office hours during TRIM season, so representatives are available to discuss how they arrived at your valuation and the data they used. If there is a mistake then sometimes they can correct it without further action. If you still disagree with their valuation then they will explain to you how to file a petition with the Broward County Value Adjustment Board (VAB).
Hurry – The Deadline is Tuesday, September 18th, 2012
For more information about TRIM notices and the petition process you can visit the Broward County Appraiser’s web site at: http://www.bcpa.net/trim.asp