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ESTAPLACE.COM REAL ESTATE - FREE LISTING SERVICE -
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Nesgroup address: misc.consumers.house - Date & Time for the message: Thu, 09 Jun 2005 19:37:34 -0700
/ Author of the message: Ablang |
Title of the message: |
Challenging tax assessment won't hurt home's value
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Text of the message: |
Challenging tax assessment won't hurt home's value Real Estate Adviser by Steve McLinden • Bankrate.com Dear Steve, I received my property tax assessment on the newly built home I purchased last year and it's $15,000 more than what it appraised for when I moved in. I've heard this can easily be challenged, but I'm curious if this higher assessment could actually help me get more money when reselling my home, like an appraisal would? Should I stick with the higher amount, or contest it? I'm not in the market to sell, but I like to plan for the future. -- Reconsidering Dear Reconsidering, A higher tax assessment placed on your home may be one gauge used to justify its sale price in the near future, but your home's true value will always be its market value, or the price it will fetch on the open market. That is arrived at by a home appraisal and by market conditions when it comes time to sell, not the assessment. The laws in |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.