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Thread: Interesting housing value graph
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11-30-2007 #1
Starting The Transformation
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They just reassessed my tax value on my house. It was 60k higher than I paid for the house 2 years ago. I wonder if the market adjusts if they will redo my tax values. :(
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12-05-2007 #2
Banned
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I will be complaining about it personally.
Originally Posted by 4birdman
I said that in 2001 housing prices started ramping up out of control and
only 4-5 years later houses were 2x their value in 2001
I just WISH
it would have waited until I got out of my PMI. Dammit....
It's been dropping......the Canadian dollar is already worth more. Originally Posted by MrQuick
12-05-2007 #3
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Nope. Originally Posted by 4birdman
True T.
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12-05-2007 #4
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I just had another thought about this...... Originally Posted by 4birdman
Each year IIRC you can ask to have your property taxes re-assessed.
So if your property actually DROPS in value, then I see no reason to
believe you can't ask for a reassessment to bring your taxes back
to where they SHOULD be for the value of your home.
It IS an option, you just have to request it to be done at your county tax collection office.
You KNOW they won't do it on their own.
The same place you hand in your tax exemption for living in your home.
They tried to raise my taxes $1,000 more then what they should have been.....I had to do this.
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