Prices are dropping, listings are starting to last a little longer. I believe the current market has fallen down and is heavily labored at this point. It'll be crickets by Labor Day.
Replies
39Beach Lover
Assessed or Market ValueAssessed Value however it is the same number as Just(Market) Value
Beach Fanatic
Assessed Value however it is the same number as Just(Market) ValueIs this a recent purchase?
Beach Lover
Is this a recent purchase?No. 2014
Beach Fanatic
No. 2014I would go to the property appraisers office. I figured my assessed value increase and it was 3%. My market value was up 36%.
Beach Lover
I would go to the property appraisers office. I figured my assessed value increase and it was 3%. My market value was up 36%.I will contact them tomorrow. Thanks
Beach Fanatic
I will contact them tomorrow. ThanksI don't want to be up in your business, but would be interested in the explanation. Thanks
Beach Fanatic
CNBC: 72% of recent homebuyers have regrets about their purchases. As the market cools, these steps can help you avoid disappointment.
www.cnbc.com
72% of recent homebuyers have regrets about their purchases. As the market cools, these steps can help you avoid disappointment
The hot seller's market in recent years prompted buyers to go above and beyond to seal the deals on their prospective homes, a recent survey finds.
SWGBAuthor
I will contact them tomorrow. Thanks
You didn't return the postcard did you?
Beach Lover
I reviewed the TRIM statement and the assessed value for County and Other taxing districts increased by 10%. The assessed value for School taxing increased by a whopping 75%.
Why would assessed value for school taxes be different? Is this something that I can contest?
Why would assessed value for school taxes be different? Is this something that I can contest?
SWGBAuthor
I reviewed the TRIM statement and the assessed value for County and Other taxing districts increased by 10%. The assessed value for School taxing increased by a whopping 75%.
Why would assessed value for school taxes be different? Is this something that I can contest?
That's right education has no cap. You can request a reassessment of your property. They'll warn you though sometimes it goes higher.
Beach Lover
You didn't return the postcard did you?postcard?
Beach Lover
I don't want to be up in your business, but would be interested in the explanation. ThanksBob - I just spoke with the Property Appraiser's office and their explanation is that in the year that you apply for a homestead exemption the assessed value goes to the market value. There is no assessment reduction in that year. Of course, going forward the 3% limit per year then applies.
SWGBAuthor
postcard?
Once you get homestead you'll occasionally receive a postcard from the property appraiser, you only return the card if you're no longer eligible for homestead, but some people think they have to to maintain homestead.
Beach Fanatic
Bob - I just spoke with the Property Appraiser's office and their explanation is that in the year that you apply for a homestead exemption the assessed value goes to the market value. There is no assessment reduction in that year. Of course, going forward the 3% limit per year then applies.Understood thank you
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