62 | FEBRUARY 2 • 2023
Is Your Property Tax Assessment Worth Appealing?
Michiganders balancing their
mortgage bills with food and
other increased inflation
costs can join a free, virtual
program on Tuesday Feb. 7
offered by Gesher Human
Services.
“Is Your Property
Tax Assessment Worth
Appealing?” will be held
from 1-2 p.m. on Zoom
and will explain why it is
important not to ignore your
property tax assessment or
assume the assessed value is
accurate.
In the City of Detroit, a
new tool was announced in
October 2022 to help resi-
dents understand the prop-
erty taxes on their homes
and to help them avoid being
over-assessed. Homeowners
are encouraged to know if
their assessment has risen,
because an increase can
result in hundreds more dol-
lars a year on mortgage bills
and homeowners need tools
for grounds to appeal.
“Homeowners see the
words ‘This is Not a Tax
Bill’ which is stated on the
property tax assessment and
frequently just file the doc-
ument for taxes, and then
it completely leaves their
mind,” explained financial
capability manager Laltsha
Cunningham.
“However, while the taxes
are escrowed into mortgage
payments the vast majori-
ty of the time, you are still
going to end up paying
more if your property tax
assessment has increased.
Homeowners will either need
to find the money to pay that
extra amount out-of-pock-
et or will be faced with an
increased monthly mortgage
payment which can really
hurt their budget, especially
with gas and food costs being
so high right now.”
To register for the Feb. 7
program, go to the events
page at geshermi.org or click
here.
SPOTLIGHT
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