<p><strong> </strong></p>
<p><strong> </strong></p>
<p><strong> </strong></p>
<p><strong> </strong></p>
<p><strong> </strong></p>
<p><strong> </strong></p>
<p><strong> </strong></p>
<p><strong> </strong></p>
<p><strong> </strong></p>
<p><strong> </strong></p>
<p><strong> </strong></p>
<p><strong> </strong></p>
<p><strong> </strong></p>
<p><strong> </strong></p>
<p><strong> </strong></p>
<p><strong> </strong></p>
<p><strong> </strong></p>
<p><strong> </strong></p>
<p><strong> </strong></p>
<p><strong> </strong></p>
<p><strong> </strong></p>
<p><strong> </strong></p>
<p>
<hr />
</p>
<p><strong>Courtesy of Jimmie Van Hooser your REALTOR®  - 931-320-2142 </strong></p>
<p><strong>
<hr />
</strong></p>
<p><strong> </strong></p>
<h3><strong>5 Property Tax Questions You Need to Ask</strong></h3>
<p><br /> <strong>1. What is the assessed value of the property?</strong> Note that assessed value is generally less than market value. Ask to  see a recent copy of the seller’s tax bill to help you determine this  information. <br /> <br /> <strong>2. How often are properties reassessed, and when was the last reassessment done?</strong> In general, taxes jump most significantly when a property is reassessed. <br /> <br /> <strong>3. Will the sale of the property trigger a tax increase?</strong> The assessed value of the property may increase based on the amount you  pay for the property. And in some areas, such as California, taxes may  be frozen until resale. <br /> <br /> <strong>4. Is the amount of taxes paid comparable to other properties in the area?</strong> If not, it might be possible to appeal the tax assessment and lower the rate.</p>
<p><strong>5. Does the current tax bill reflect any special exemptions that I might not qualify for?</strong> For example, many tax districts offer reductions to those 65 or over.</p>
<p>
<hr />
</p>