January 15, 2007 — Austin

Today, the Texas REALTORS®, representing more than 90,000 members throughout the state, announced its agenda for the 2007 legislative session. Topics of interest to the REALTOR® group include appraisal reform, additional school property-tax relief, mortgage finance and cities’ use of eminent domain. To continue driving down the costs of homeownership, Texas REALTORS® are placing appraisal reform at the top of their agenda.

Specifically, the Texas REALTORS® will advocate for:

  • Helping more Texans qualify to buy their own home by lowering the state’s over-reliance on school property taxes even further.
  • Increasing the qualifications for appraisal review board members and sending appraisal notices earlier to allow more time for appeals.
  • Allowing for more public representation on central appraisal district (CAD) boards of directors.
  • Staggering appraisal notices regarding proposed valuations of residential and business properties, thus giving Texas homeowners the due diligence they deserve.

To learn more about this important issue, please visit TexasRealEstate.com.