Got rocked by property tax assessor

[Cane Pole]

Wow. Close to a 6 digit increase. That a big increase in a stale economy and bad real estate market. I was under the impression that real estate value had plummeted. No houses have sold in our area in over 3 years, not even the ones that have "reduced" on the yard sign.

They gonna grab the money ain't they.

"Pants on the Ground".

[DRPEPPER]

We have a personal property tax in Arkansas (Vehicles/trailers/boats/RVs) along with all of the others everone else has. I did my patriotic duty last year and bought a $50,000 Tahoe. It doubled my personal property taxes. I really feel patriotic now.
DP

[ausable riverboat]

Got notice from the tax dept my house value dropped so next years taxs will be lower. First time this ever happend usually goes up every year

[Fishing Magician]

mine has held steady to now... heard that assessments will be lower this coming time around here

[oldwun]

Here in Monroe County Tennessee taxes have remained about the same for the last 2 years. I think as things continue to get worse we will see them after every dime they can get. But first we need some jobs. Not Govt jobs but real jobs!

[meatdragger]

Wow. Close to a 6 digit increase. That a big increase in a stale economy and bad real estate market. I was under the impression that real estate value had plummeted. No houses have sold in our area in over 3 years, not even the ones that have "reduced" on the yard sign.

They gonna grab the money ain't they.

"Pants on the Ground".

Call the assessor's office. There will be a procedure for contesting the assessment. You usually have a certain period of time to contest so get on it if you feel that it isn't an accurate estimate of the value of your home.

[Fatman]

2nd the challenge!!!!!!! Our town in Vermont went through one and some houses increased by 70 thousand!!! The first house I rented here in Vermont I was offered to buy for $59 thousand during this reassessment they valued it at $119 thousand NOT!!!!!!!

Owner challenged it as nothing had been done except paint it and it got reduced to $69 thousand.

Challenge it!!!!!!!!!!!!!!!!!!

Fatman

[Bob # 1]

Our taxes went up also, with the downturn in the housing industry
our home value went down..............go figure

[prefers shiners]

You need a hurricane......after Katrina, property values have gone up considerably in my city. (so did the population). Property sales have gone up 33% in my subdivision in a year. The only bad thing is the canes destroy the fishing for a while. We are now beginning to see recovery from cane Gus 2 years ago.

[fishingpox]

mine tippled this year too.....