Property Tax Bill Today (Fairfax: mortgage, house, to buy)

[live_strong28]

Well, with the decrease in home assessments, it seems that FFX Cty jacked up rates from .92 per $100 value to 1.04 per $100 value.

Therefore, my tax bill went up. Anybody get the same sh#tty news?

[normie]

Just imagine how high it would be if Fairfax was turned into a city.

[VRE332]

Originally Posted by live_strong28

Well, with the decrease in home assessments, it seems that FFX Cty jacked up rates from .92 per $100 value to 1.04 per $100 value.

Therefore, my tax bill went up. Anybody get the same sh#tty news?

Yea taxes go up every year... is that news to you???

[car54]

Nope, mine went down close to a grand (for the year).

As well it should....during the recent insanity, my assessment went a bit north of one million. Now, it's down to the high 700s, which is still nuts.

But I could care less what they say my house is worth....it will never be sold (unless they widen the Beltway to 500 lanes!). I inherited it and my kids will inherit it. It's our ancestral home!

[VRE332]

Originally Posted by car54

But I could care less what they say my house is worth....it will never be sold (unless they widen the Beltway to 500 lanes, anyway). I inherited it and my kids will inherit it. It's our ancestral home!

Yea that's what I plan on doing too. I hope my kids and grand kids can have a place to stay without a mortgage payment

[live_strong28]

Originally Posted by VRE332

Yea taxes go up every year... is that news to you???

Are you not paying attention?

I said in a year when valuations on homes are going down, having a tax bill higher than last year is not expected.

If anything, having a tax bill the same as last year is understandable, but not having a bill that's higher than last year's.

[statecollege]

Mine went down $30.

[VRE332]

Originally Posted by live_strong28

Are you not paying attention?

I said in a year when valuations on homes are going down, having a tax bill higher than last year is not expected.

If anything, having a tax bill the same as last year is understandable, but not having a bill that's higher than last year's.

The County is not going to play with numbers and screw themselves out of tax money. Wait until your assessment goes back up again, they wont be so quick to lower the tax rate.

[Denton56]

Originally Posted by car54

Nope, mine went down close to a grand (for the year).

As well it should....during the recent insanity, my assessment went a bit north of one million. Now, it's down to the high 700s, which is still nuts.

But I could care less what they say my house is worth....it will never be sold (unless they widen the Beltway to 500 lanes!). I inherited it and my kids will inherit it. It's our ancestral home!

What happens if your kids inherit it and don't want to live in it? What if they all want to sell it? Or no one can afford to buy out the others?

[Denton56]

Originally Posted by VRE332

Yea that's what I plan on doing too. I hope my kids and grand kids can have a place to stay without a mortgage payment

What if they would rather have the money to buy a house that they choose? That's what usually happens.