Sticker shock: Why you'll probably be paying more taxes on your home
Homeowners recently got some major sticker shock in Wake County. Officials are underway with the home revaluation process.\xa0
Revaluation determines your home value. County commissioners then change the tax rate and that affects how much you pay each year.\xa0With significant growth in the past half decade, nearly everyone\u2019s rates will go up and some argue too much.\xa0This process, required by law, happens in every county across the state at least every eight years, but typically every four years.
Real estate attorney and revaluation expert Larry Shaheen joins host Tim Boyum to share what North Carolina homeowners should know and how to handle it.\xa0