After the Appraisal Review Board makes its decision – even after a reduction there – Binding Arbitration is your last resort to get the taxable value you deserve. It’s also your best resort because it’s played on a field tilted in your favor.
In recent years our clients’ aggregate reductions from Binding Arbitration have been more than double the reductions previously granted on the same properties by the ARB's.
Arbitration requires a $500 deposit with the Texas Comptroller. But your risk is only $250 because we will refund half the difference between the deposit and your actual tax savings from Arbitration if they are less than your deposit. So, for example, if Arbitration saves you only $300, then we will pay you $100. Clearly, we won’t take a case we don’t think we can win!
Arbitration is played out on an uneven field tilted in your favor because if the arbitrator – who doesn't work for the District – arrives at a value closer to your request than to the ARB’s value then the District must pay the $500 fee and yours is refunded by the Comptroller. Thus the District has an incentive to compromise.
To sign up, simply return these two Documents. Send no money.
Don’t pay more than your fair share of property taxes