Over the years, I have found Jenkintown PA to have some of the highest real estate taxes in Montgomery County PA. Jenkintown real estate taxes are not commensurate with property values within Montgomery County. This has happened because fair market value of homes is not consistent with their assessments. The Pennsylvania Constitution gives property owners the right to have a uniform, fair assessment that reflects the true market value of their house.
Every year, all property owners have an opportunity to seek a reduction in their property taxes, but many are unaware of this option. I have helped many residents of Jenkintown and other communities save on their real estate taxes by litigating assessment appeals on their behalf.
The first step is to find out if you could get your property taxes lowered. I offer a free service to see if homeowners in Jenkintown qualify for a possible real estate tax reduction. Please enter your information for my free analysis.
In my many years of helping homeowners reduce their property tax burdens, I have developed a systemic and efficient approach to helping my clients. My office can quickly analyze all relevant factors to determine if you are overpaying in real estate taxes. This is why I can offer a free evaluation and promptly give you the answers you need.
In Jenkintown, property taxes are very high compared to nearby towns, mostly due to market factors and elevated and steadily increasing school tax rates. This often results in taxes that do not correspond with the market values of homes. Thus, many homeowners are paying more than they should, and sometimes have difficulty when they try to sell their homes.
All property taxes, whether to your school district, your county, or your local government, depend on your assessment. An assessment is not the same as the market value of your home. The relationship or “ratio” between assessed value and market value is different for each county in Pennsylvania. The ratio is determined by a state board and revised by that board every year based on property sales data. When that ratio is applied for an individual property, it often turns out that the current assessment of that property is not in line with the ratio. This can result in the property owner paying too much every year in property taxes, often by thousands of dollars. Homeowners should keep in mind that ignoring this situation is the same as burning money in your fireplace and watching your money go up the chimney.
The Pennsylvania Constitution requires uniformity in real estate taxation. This means every property owner has the right to seek a reduced assessment in line with current value, so as to produce fairness and “uniformity” in property assessments.
To take advantage of your right to uniformity, you first need an individual analysis of your property. This is a free service I offer to all owners. Simply fill in the information above to get your free evaluation. It’s that simple!
You could soon be on the path to big savings on your real estate taxes.