When to pay my property taxes if I am appealing
of Appealing & Deadlines
of Value Notice
and the Board of Equalization
Additional information may be obtained in Tax Statute RCW
Chapter 84.08 and 84.48 and in the Department of Revenue's
Administrative rules, Chapter WAC 458-14. To assist you,
individual property tax subject publications are available
from The Whatcom County Assessor's Office and The Washington
State Department of Revenue.
Board of Equalization,
Should I Wait Until After
My Hearing to Pay My Property Taxes?
Pay your property taxes when due. After your hearing and
the finalization of the Board of Equalization's decision,
the County Treasurer will notify you of the appropriate adjustments
in your tax responsibility or refunds.
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How Does the Assessor
Value My Property?
State law requires the Assessor's Office to value property
at 100% of it's true and fair market value, according to the
highest and best use of the property. The Assessor must take
into consideration any situation or circumstance that would
affect the negotiations between a willing buyer and a willing
seller. Market value is the amount of money that a willing
and unobligated buyer is willing to pay a willing and unobligated
seller. The Assessor values real property using one or more
of the professionally recognized appraisal methodologies.
These are the market or sales comparison approach, the cost
approach, the income capitalization approach, or any combination
of the three approaches.
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