Well, the inevitable has happened. Our area is going through a time when homeowners are receiveing notices that their property values for real estate are on the rise. Funny thing is, the notices are coming as "appeal forms" so the tax department is already assuming a lot of people will fight the re-evaluation. I, for one, will be one of those fighting.
Why the sudden re-evaluation? In my opinion, it is a way for those who do pay their taxes to "pick up the tab" for those who don't and the high amount of foreclosures in the area. Unfortunately, the county needs their money and if a home is foreclosed, the money is hard to get...so what better choice than to go after the people who have paid...after all, they must have money right? They paid!
The rise in property value was inevitable. We all knew it was coming, it was just a matter of time....but honestly, a rise of 20% to the value of a home? I can pull MLS records that prove that is inaccurate.
So...."change", a lot of people wanted it...now they are getting it...thanks.
Central A/C
1 comment • "JT" Prevatte • March 24 2009 12:24PM
