Recent News and Happenings

When do I get my appeal savings?

Feb. 27, 2020 |  Categories:  Property Taxes   Cook County  

You just got a notification from TaxProper that your appeal was successful — congratulations! Now how does that reduction translate into you saving money? In short, your savings are reflected on next year's 2nd installment tax bill, and then lasts up to three years until the next full re-assessment. Unfortunately the journey from a successfu...

Why You Should Always Appeal Your Property Taxes

Jan. 31, 2020 |  Categories:  Property Taxes  

If you’ve ever thought any of the following, you should read this: “My home’s assessment seems fair.” “I won my appeal last year, so why bother?” “My assessment seems low - I don’t want to risk that by appealing.” All three of these are common misconceptions. The fact is - you should always appeal your prop...

How Do Property Tax Appeals Affect Your Escrow Account?

Jan. 28, 2020 |  Categories:  Property Taxes   Property Tax Laws  

Your property tax bill is the biggest determinant of how much you pay into your escrow account every month, and a successful property tax appeal can impact how much you pay every month. This article explains how a successful appeal can impact your escrow payments. First, some background on escrow accounts. An escrow account’s primary purpose is to provide additional assuranc...

Cook County 2020 Appeal Deadlines Released

Jan. 24, 2020 |  Categories:  Property Taxes   Cook County  

The Cook County Assessor's office has just published the by-township property tax appeal deadlines for 2020. Please note, these value are subject to change (and often do)....

Disputing Your Property Taxes in Four Steps

June 30, 2019 |  Categories:  Property Taxes   Cook County   Property Tax Laws  

Property taxes are the second biggest expense owners of real estate face, after mortgage servicing. Fortunately, property owners have the ability to reduce this cost by appealing their property tax bill. This article explains how in four steps. 1. Check if you are overassessed Your property assessment is the key factor that determines how much you pay in property taxes, because that is the...

Understanding the Difference Between Assessed Value and Your Tax Rate

June 11, 2019 |  Categories:  Property Taxes  

The most common misconception we encounter at taxProper involves two key definitions in the property tax business: assessed value and tax rate. For many, the two concepts are interchangeable and homeowners think of them in the same way. But understanding the difference between the two is key to understanding a property tax appeal. Assessed value is the value that the County Assessor values your...