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If you think your local tax assessor may have overvalued your site, it may be a good idea to hire a company that specializes in appealing real estate tax assessments. While you can take basic steps on your own to check the fairness of a tax assessment, you'll need a tax appeal specialist to challenge an assessment successfully. Appealing an assessment helps you comply with HUD rules, and if you win, you can save your site a considerable amount of money [Handbook 4350.1, par. 23-5].
