Texas Requires Use of All Comparable Properties, Enacts Changes to Tax Appraisal Process

Texas Requires Use of All Comparable Properties, Enacts Changes to Tax Appraisal Process Under a new law that went into effect on Jan. 1, chief appraisers of Texas’s central appraisal (assessment) districts are prohibited from excluding foreclosure sales and properties as comparables that have lost value due to the declining market. House Bill 1038 prohibits [...]