I live in Palatine. Yesterday, in the mail (and about as welcome as a jury summons to 26th and Cal, an IRS love note or a bounced check) came the reassessment notice for my real estate taxes.
My tax assessment went up 5%, which I don’t consider too bad.
This is the triennial reassessment, meaning that I will be stuck with this assessment for 2010, 2011 and 2012.
Rather than being afraid of this paper bullet, I look at is as an opportunity to reduce my real estate taxes and so should you.
I will file a protest of the assessment. I have no idea how to do this and I always hire someone to do it for me. I wrote here about how to file a tax protest and who to hire.
This is a good opportunity to keep your real estate tax down if you live in Palatine Township, but remember you only have 30 days to file a protest. So don’t fear your reassessment notice and take some action. Trust me, no one wants to listen to you complain about real estate taxes for the next three years.
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