Also, our assessed value is way more than I think we'll get for the house when we sell it.
I wonder if we can sue for part of our taxes back when we actually sell, on the theory that we've just proved that the house was never worth what the county claimed it was.
I don't think so, but you can appeal the assessment. We actually did that one year and successfully got the assessed value lowered substantially. Of course if you get your assessed market value lowered that pretty much guarantees that you won't be able to sell for a higher price than that.
Yes, indeed. "No new taxes" is a marvelous thing, isn't it? Funny how the bills still need to be paid somehow. Fortunately we have those "old taxes" to fall back on.
no subject
Date: 2010-11-21 08:51 pm (UTC)K.
no subject
Date: 2010-11-21 10:42 pm (UTC)I wonder if we can sue for part of our taxes back when we actually sell, on the theory that we've just proved that the house was never worth what the county claimed it was.
B
no subject
Date: 2010-11-22 03:03 am (UTC)no subject
Date: 2010-11-21 09:24 pm (UTC)no subject
Date: 2010-11-21 09:56 pm (UTC)no subject
Date: 2010-11-21 10:42 pm (UTC)B
no subject
Date: 2010-11-21 10:44 pm (UTC)no subject
Date: 2010-11-21 11:00 pm (UTC)P.
no subject
Date: 2010-11-22 03:04 am (UTC)no subject
Date: 2010-11-22 03:36 am (UTC)I'm really curious how the lawsuit will play out.
???
Date: 2010-11-22 04:48 am (UTC)Re: ???
Date: 2010-11-23 02:42 am (UTC)http://minnesota.publicradio.org/display/web/2010/11/19/lawsuit-minneapolis-homevalues/
http://www.startribune.com/local/109090004.html
http://en.wikipedia.org/wiki/Minneapolis_Property_Tax_Lawsuit