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Auditor - Real Estate - Appraisal

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1. How does the county determine property value?
2. How often are property values updated?
3. What can I do to ensure my value is correct?
4. I think the auditor's appraisal value is too high for my property. What are my options?
5. There are several foreclosure sales in my neighborhood, what is the impact on my property value?
6. If my property value is decreased, does that mean I will see a reduction on my taxes?