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Domus Appraisals
15 Hancock Ave
Yonkers, NY 10705


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Property Tax Reduction

It's the American way. We turn to professionals to minimize our income taxes, but pay our property taxes at face value. That's just fine unless your property -- your house and land -- are over-assessed.

Property Taxes May Be Wrong
Real estate or property taxes have two components: the local tax rate and the appraised value of your property. The tax rate is set by the local authority (town, village, or city) and is generally the same for everyone. The appraised value of your property reflects the opinion of the local assessor, and like any opinion, may be wrong. In fact, as many as 30% of assessor's estimates nationwide err on the high side.

Over-Assessments
Over-assessments occur for a variety of reasons, including mis-measurement, confusion of one property for another, and unrecorded changes. They also occur when property values change but the assessor's valuations don't. Either way, it is possible to petition the local authority to reduce your assessment, thus reducing your property taxes.

Grieving Isn't EZ
Unfortunately, there is no Form 1040EZ for property tax reductions. In fact, grieving property taxes is more like filing Form 1040 with several Schedules and then submitting to an IRS audit. It's a job best left to professionals like ours at Domus Appraisals.

Free Consultation
At Domus the grievance process -- also called the real estate tax certiorari process -- begins with a free, no-obligation telephone or email consultation. An experienced Domus Property Tax Consultant will evaluate your case using our real estate database and the information you provide.

Certified Appraisal
If our Property Tax Consultant thinks your case has merit, one of our New York State Certified Domus Appraisers will inspect your property and provide an independent appraisal of its value. This will be a full USPAP appraisal acceptable to the courts, financial institutions, insurance companies and the IRS. At Domus, we believe an accurate appraisal is the key to a successful assessment reduction petition.

Grievance Petitions
Your Domus Property Tax Consultant will prepare your grievance professionally, using all the resources at his or her disposal, and submit it with the independent appraisal and other supporting evidence to your local Board of Assessment Review (BAR) for their decision.

Our Grievance and Appraisal Fees
There is no charge for the initial Property Tax Consultation, and, if we don't win your case, no charge for preparing and submitting the grievance petitions on your behalf. You pay only the local tax grievance filing fees. When we win your case, you'll also pay us 50% of the first year's tax savings. You keep all the savings after the first year. Naturally, the independent appraisal fee, which is based on the time and work involved, is payable in advance, and is not contingent on the outcome of your Property Tax Grievance.

Ask Domus!
With filing deadlines fast approaching, this is the time to ask Domus for your free property tax consultation. Use our simple inquiry form to tell us about your property, or just pick up the phone and call 914-969-2890 to get started.