1) Assessor determines what your property is worth.

2) Tax collector applies the “Equalization Ratio”.

3) Equalized “value” is then multiplied by the “Tax Rate”.

example:

Tax rate of  $14.71-per $1,000.00 of Equalized value.

$350,000.00 assessed value for your home.
109% Equalization rate.
$381,500. amount the home is taxed on (350,000 X 1.09%).
$14.71 tax rate
$5611.87-dollar amount of yearly taxes due from the property.

It MAY be possible to reduce the assessment on the property.

Example from above, but with the assesses value reduced to $300,000.00

$300,000.00 assessed value for your home.
109% Equalization rate.
$327,000. Is the amount the home is taxed on (327,000 X 1.09%).
$14.71 tax rate
$4810.17-dollar amount of yearly real estate taxes due from the property.

POSSBILBE One year tax savings=$801.70

If the value your tax assessor has determined for the property is too high, it will NOT be changed unless YOU dispute it.

Any potential tax savings, can possibly be over MORE than just ONE year.
Results will vary from property to property, and reductions in value, or tax amounts are IN NO WAY GUARANTEED.

IMPORTANT-deadline to dispute taxes is March 1, of the year AFTER the tax year in question.

What can we do for you:
1) We will perform a fully USPAP (Uniform Standards of Professional Appraisal Practice) compliant report, by a state of NH accepted appraiser.
2) We will deliver the report to you, and explain the process/results.
3) Other Terms and Conditions may apply.

-Please call us for a free consultation

-Or click this link to fill out an online contact form