I know this question can be asked to the Town Assessor or the Tax Collector...but what do homeowners do when the value of their home is now less than the town's recent valuation? I've never been in this situation before
..do I file for an abatement of some kind? Do I need to ask for a re-assessment of the property? Isn't everyone going to be doing this???
Could this significantly affect this year's revenues from property taxes?