Overview Harris County Appraisal District’s i-Settle program is worth considering. However, for most property owners it is a poor choice. O’Connor & Associates’ experience with i-Settle yielded three conclusions: The settlement rate was very low (about seven percent). (more…)
Archive for the ‘Property Management’ Category
Harris County Appraisal District’s i-Settle Program
Wednesday, October 7th, 2009Assessment Evaluation of Restaurants
Tuesday, October 6th, 2009Many restaurant owners have been shocked to learn that they are unable to sell or lease their restaurant property for an amount equal to its tax assessment value. The market value of a recently built restaurant is usually less than its construction cost. When an owner attempts to set a sale price or lease rate, he is unable to recoup his costs. Excess property taxes result from improper use of the cost approach to market value. (more…)