The DuPree Team knows that most homeowners would love to learn of how to reduce their property tax burden. Property taxes are real estate taxes calculated by local governments and are considered ad valorem, which means they are assessed according to the value of your property. Although they serve a beneficial purpose for all residents, these taxes can be extremely burdensome for homeowners. They tend to rise steadily over time and, even once you pay off your mortgage. While you may never be free from a property tax bill while you own a home, there may be some relief. Homeowners can use a few simple tricks to lessen the pain of paying these taxes and the burden they bring.
