Real Estate

New Listing - 2706 Bernadette (Spring Shadows)

Wonderful 4 bedroom, 2 bathroom home in Spring Shadow! Completely remodeled to an open floor plan w/ formal living opening up to den w/beautiful French doors, all new windows & sliding door, bamboo floors, updated kitchen & bathrooms, formal dining, gameroom upstairs, master suite downstairs and mud room! Includes a 2 car garage, sparkling pool, deck, and lush landscaping in the backyard. This home has it all!

Soo Kim

Broker Associate

Greenwood King Properties

Protesting Property Taxes

The past months, I have been really focused, almost obsessed with protesting our property taxes.  This will be my first time ever to go through the process and I'm excited to do it and share what I learn.

The first stage of the process is the informal hearing, which I think is pretty pointless since the person you're arguing with is an HCAD staff member.  They're biased and if they do anything, the most they'll do is discount the amount overvalued by 20% regardless of the evidence you provide.  They do not follow any rules or tax laws, at all.  If you don't agree or accept the offer they make, then you are scheduled for a formal hearing, also known as the ARB (Appraisal Review Board) hearing. 

The second stage is the ARB hearing and my ARB hearing was today.  I was told prior to it, that even at this phase it's hard to get good results, which now, I would have to agree.  My impression is they give more weight to the HCAD staff, who really doesn't understand real estate matters, terms or values.  There are basically two arguments any homeowner can protest.  Either or both can be argued.  There is Market Value and there is Unequal Value.  I found it very difficult to get across certain points when they all do not understand know or understand concepts, like a market appraisal.   When they just don't know how it works, they definitely are not going to take my word for it. For instance, one our issues was that we received a seller concession.  Market appraisals will take into consideration seller concessions and make appropriate adjustment.  They don't know that and they're not going to just believe me.  It was tough and going through these processes, in the future, I will make a bee line to Arbitration stage.

It's the third stage, the Arbitration, where I was told by arbitrators is where you get a neutral real estate professional, attorney, or CPA, that is either paid by the homeowner's $500 deposit to go to Arbitration or by HCAD. This means the arbitrator gets paid either way and thus evaluated the evidence and listens to both cases and observes the law.   Stay tune...

Judgmental Map of Houston

I ran across this version of a map of Houston, big disclaimer, I do not support the messages, however, I do think it's funny.  I think the stereotypes are hilarious, but I definitely do not think it's completely accurate.  According to this map I'm a hipster douchebag.  Love it!  Enjoy!

New Listing in Rice Military, $449,900!

This stylish & rare 2story 4BR home by Memorial Park & I10 has a sought after floor plan w/living & dining on first floor, spacious living, central kitchen w/an island, Silestone countertops, ss appliances, w/d included, and breakfast bar. Circular wrought iron stair case, hardwoods throughout, Plantation shutters, elfa system in all closets & garage, & a bidet! Garage w/pulley systems for 3 bikes. Pavestone patio, landscaping, automatic irrigation system & private driveway! A must see!

6111 Maxie