Property taxes increased by 40% , what are my options?

Hey everyone,

Yesterday I received a letter from my mortgage company that my monthly payment increased by $600/month. That’s because of a sudden increase in my property taxes, which went from $9K to more than $13K overnight.

The appeal process had a 12/1 deadline. The town claims they sent me a letter in November to communicate the increase, however I never received it, I only found out yesterday from the mortgage company so I missed the appeal deadline. The next round of appeals will be apparently processed in June and will take effect in 2023, but that means that until then I am stuck with these crazy high taxes for a year.

The town claims the increase was due to a renovation for which a permit might or might not have been filed that apparently made the value of the house increase. Here’s where it gets funny.

Since when we bought the house this year in February, we did not do any renovations, so we believe it was the former owner

The town is not able to produce any records regarding this renovation, they told us to call again in a few days while they collect the records but the lady at the town hall initially said it was a kitchen and 5 minutes later said it was a bathroom…

What are my options? I was thinking of hiring an attorney but the person from the town said that even the attorney will go through the same appeal process that will take almost a year.

Another alternative is, once they produce the records, I could sue the previous owner if it’s true that he renovated the house without filing for a permit.

Any other ideas?

I live in New Jersey, if that helps.

submitted by /u/deskard17
[link] [comments]

Hey everyone, Yesterday I received a letter from my mortgage company that my monthly payment increased by $600/month. That’s because of a sudden increase in my property taxes, which went from $9K to more than $13K overnight. The appeal process had a 12/1 deadline. The town claims they sent me a letter in November to communicate the increase, however I never received it, I only found out yesterday from the mortgage company so I missed the appeal deadline. The next round of appeals will be apparently processed in June and will take effect in 2023, but that means that until then I am stuck with these crazy high taxes for a year. The town claims the increase was due to a renovation for which a permit might or might not have been filed that apparently made the value of the house increase. Here’s where it gets funny. Since when we bought the house this year in February, we did not do any renovations, so we believe it was the former owner The town is not able to produce any records regarding this renovation, they told us to call again in a few days while they collect the records but the lady at the town hall initially said it was a kitchen and 5 minutes later said it was a bathroom… What are my options? I was thinking of hiring an attorney but the person from the town said that even the attorney will go through the same appeal process that will take almost a year. Another alternative is, once they produce the records, I could sue the previous owner if it’s true that he renovated the house without filing for a permit. Any other ideas? I live in New Jersey, if that helps. submitted by /u/deskard17 [link] [comments]

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