October 12, 2006

Housing Slump May Lower New Hiring

Builder, supplies, real estate connected jobs slump as housing related employment is effected. It’s no longer boom times in the construction industry. Interest rates have settled and offer a good chance to refinance at favorable interest rates.

Property tax appeals offer an excellent means to lower your tax dollars. To keep up with additions and subtractions the municipal building department missed, the mass appraiser is contracted. Mass property tax appraisers often use the most expensive property on the block to gauge properties against. Using error in judgement often results in not making location and other value adjustments. Maybe that’s why you’re over-assessed!

At the end of the day, the person doing the measuring has hundreds of measurements and calculations in his head. He probably will not even remember your home. He doesn’t have the same recall as an appraiser making an individual property appraisal.

Inaccuracies, math errors and observation made in haste and not recorded or misplaced occur frequently. Depreciation is not accounted for. For a good do it yourself property tax manual go to Property Tax Appeal Ax You might save yourself quite a few mortgage payments when you win.

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January 9, 2007

Property Tax Woes

Appealing your property taxes is done because of inequities in market assessments, which incidentally runs 40-60 percent because of constant errors in blanket re-valuations that don’t get market values right.

The only way to fight your property taxes is to get rid of all municaple elected officials that live in the fantasyland of tax and spend. By electing a culture of conservative tax cutting, budget reducing legislatures.

Property tax re-valuations, contrary to many peoples opinion, do not increase the total amount of revenue raised by property taxes. Whatever the tax bill generated by the various schools, county government and municipal governments spending programs is divided up to spread the tax property tax burden based on the market value in the open market for your home. The municipality collects the amount of tax dollars for the expenses of local government based on their expenses. If the expenses go down, so do your taxes.