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What To Expect From A Flagler County Property Appraiser

If you're looking to sell your Flagler County property, you'll want to consult with a Flagler County Property Appraiser. Appraisers are certified real estate appraisers that are paid by the government to evaluate the value of homes and commercial and recreational properties throughout the county. Appraisals are often used before a buyer can buy any home or property, but they are not used as final bids on properties. Appraisers are independent professionals that are paid to evaluate properties for you, so you can't get more information from them than what's in the" Disclosure & Description" section of their financial report. You need to know who is paying them, how they are paid and what they find when they evaluate your property.

flagler county property appraiser

 

The flagler county property appraiser performs an impartial, third-party review of the property and its market value. The Appraiser then determines the tax roll, mills, homestead exemption, property taxes, mortgage interest, homeowner's insurance and liens on the property. When the property appraiser calculates property taxes, he or she uses the millage, homestead exemption and/or the property taxes imposed by the governing jurisdiction, including the county, state and county subdivisions. The appraiser bases his or her computation on the information provided by you, the seller, including:

 

The first step in hiring the right Flagler County property appraiser is to request an appraisal of the property. To do this, contact several different appraisers, submit information on the property, make a general list of the items that are part of the property (e.g., appliances, fixtures, deck, fence, etc. ), ask for the appraisals and compare them to the copies of the property taxes provided by the flagler county. The following are examples of information that might be requested from you. You should keep all these items in a file.

What To Expect From A Flagler County Property Appraiser

 

The first step is to find out the millage rate at which you will be taxed. The millage rate is the amount of income tax that is multiplied by the total square footage of the property, also referred to as the property tax millage rate. Each year the property taxes will be reassessed based on the current value of the real property as assessed by the appraiser. The home appraiser may base their valuation on a published sales comparison table or may use realtors, builders, architectural firms and others to provide an appraisal based on similar homes in your area that have recently sold.

 

The second step is to find out the property taxes that will be levied. Most counties in Florida levy a property value tax on the full market value of the real property. However, some counties allow exemptions to be placed on property values. All sales within the county must be reported and the proceeds must be divided among the owners in the manner prescribed by the county. A certificate of appraisal must be provided to all owners for each year that the property taxes are paid.

 

Typically, Flagler County uses three types of appraisers to appraise properties: the county-based appraisers, who are hired by the county; the specialty appraisers, who are usually independent contractors; and the residential appraisers, who are generally hired by the developer to assist in the property assessment process. The specialty appraisers are charged by the specialty market of the area in which they are assigned. They are not required to be limited to market values, but their prices are usually based on historical comparables. The county-based appraisers, on the other hand, generally base their estimates on the prevailing market value for comparable properties in the same area, as well as some additional factors.

 

The appraisers usually have a standard set of guidelines to follow in order to determine an accurate value of a property. These guidelines generally include the comparison of similar properties that have been sold within a few years to the property being appraised, the comparison of sales prices that were made within the last 30 days, and the comparison of one property's overall condition to that of the appraised property. The appraisers also must evaluate any building components, such as walls, ceilings, plumbing, insulation, windows, doors, trim, and fixtures. And, finally, they must evaluate the land itself. If these guidelines are followed, then the resulting appraised value will most likely be the true value of the property.

 

There are many advantages to working with a Flagler County property appraiser. Typically, the appraisers tend to offer a fair price when it is time to complete the sale. This is beneficial because it assures the seller that the property is fair to sell and allows time for repairs and improvements to be completed prior to the selling of the property. In addition, many appraisers offer a free consultation, meaning that a potential customer can contact the office and get an idea of what their process entails.

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