Real estate crash could save you money on taxes

Taxes...Did You Know?

With property values in the toilet, home owners have a unique opportunity to save some money on taxes by contesting town assessments of their property values. Because tax assessments may not reflect the declining value of properties in your neighborhood, it's important to do some research and find out whether they're overvaluing your home and making you pay for it.

WalletPOP tax expert Tracy Coenen did just that, and saved $250 per year on her taxes. Watch the video below for her tips on how to contest the assessment and keep more of your money.