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	Name:	LifeTime Laker -
	Subject:	Your welcome Doc.
	Date:	8/5/2004 7:50:58 AM

Flee had some very valid points too. My Dad challenged re-evlaution on his old place many years ago, and won. I don't have an issue cuz the county has mine grossly undervalued. I don't complain, it saves me money. The tax amount is shown on the appraisal when one is done, and is also reported when a title search is done. But it has no meaning in actual contract price when buying or selling. Lenders and underwriters use it to prorate the taxes and to confirm that they are in fact current.

If you have any neighbors that have recently bought or sold, ask them what they paid. That will give you a good starting point and is very easy and simple. Local appraisers or a shot in the dark. I recently hired one that gave me value 15% below the last appraisal 2 years ago. I told him to take a hike, hired another and he gave a value with 10% increase over the last appraisal. How they supposedly "professionals" can be so far apart is beyond me. The DATA and the MARKET set the value, not the appraiser. The apprasier just reports the DATA and makes an opinionated judgement as to what the DATA means.

Good Luck.