August 22, 2026 - 04:26

As Franklin County residents continue cleaning up after the recent severe storms and flooding, the County Auditor's Office has announced a program to help ease the financial burden on affected property owners. Homeowners and businesses that suffered damage can now apply for a temporary reduction in their property's assessed value, which could lead to lower tax bills for the remainder of the year.
The move is designed to provide quick relief without waiting for the next standard assessment cycle. According to the auditor's office, the temporary value cut will reflect the diminished condition of the property, meaning owners will not be taxed on value that no longer exists due to storm-related destruction. The application process is straightforward, and officials are encouraging anyone with significant damage to apply as soon as possible.
To qualify, property owners must provide documentation of the damage, such as photos, repair estimates, or insurance claims. The auditor's office has set up a dedicated team to process applications quickly, with many cases expected to be reviewed within a few weeks. This program applies to both residential and commercial properties, and there is no fee to apply.
Officials note that the temporary reduction will remain in effect until the property is repaired or until the end of the tax year, whichever comes first. Once repairs are complete, the value will be reassessed and returned to normal levels. For those still dealing with the aftermath of the storms, this offers a practical way to manage costs while rebuilding. The auditor's office urges all eligible residents to take advantage of the program before the deadline.
October 6, 2026 - 04:11
Real Estate Transactions, Oct. 5 editionThe following property transfers were recorded in Hopkinton during the past week, according to public records filed with the state. 1 Whisper Way sold for $1,800,000 on Sept. 29. Edward Roche was...
October 5, 2026 - 04:16
Promising Real Estate Stocks To Keep An Eye OnInvestors searching for stability and income often turn to real estate stocks. These are shares of publicly traded companies that own, develop, manage, or finance properties. The sector offers...
October 4, 2026 - 00:18
Why Mortgage Rates React to Inflation ReportsIf you have ever wondered why mortgage rates seem to rise or fall after an inflation report, you are not alone. The connection between these two economic forces is one of the most closely watched...
October 3, 2026 - 08:17
Meritex Buys Allen Technology Park, Targets 2027 ExpansionMeritex has acquired 121 Technology Park in Allen, a 58 acre industrial site, as the Minneapolis based real estate firm continues to grow its holdings in the Dallas Fort Worth market. The company...