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Apparently, although grieving process is the same, they will not accept grievances that stray far from market value, they dont want what happened between 2011-2018 to happen again.
Going forward, grievances that will be accepted should show comps of similar size lots/homes, and age of home in same area sold within last 6 months, they will reject grievances that just want to grieve for tax purposes.
Apparently, although grieving process is the same, they will not accept grievances that stray far from market value, they dont want what happened between 2011-2018 to happen again.
Going forward, grievances that will be accepted should show comps of similar size lots/homes, and age of home in same area sold within last 6 months, they will reject grievances that just want to grieve for tax purposes.
pretty sure you cant say i am grieving just b/c i want to lower my taxes and get approved. you have to warrant it like you always have had to.
Apparently, although grieving process is the same, they will not accept grievances that stray far from market value, they dont want what happened between 2011-2018 to happen again.
Going forward, grievances that will be accepted should show comps of similar size lots/homes, and age of home in same area sold within last 6 months, they will reject grievances that just want to grieve for tax purposes.
In my understanding we're going back to the original system: if you appeal, and you win your appeal you can claim that the appeal is backdated. Currently tax appeals are only for future years.
Question though. I filled in the paperwork for tax grievances earlier this year. I guess NC will base the judgement on the new numbers?
They will 100% drop the FMV of your home, but they will just raise the multiplier rate so it won't go down!
Correct. Because the FMV is just a way to manipulate your fair share compared to everyone else. Which would only make sense if they did it based on what we actually use in our county. Lot size, kids in school (adds a bit more), etc. But no... they want to do it based on how well people improve their homes, which is completely asinine. Why does being able to afford something automatically make people have to pay more than their "fair share"?
Quote:
Originally Posted by moneymm22
pretty sure you cant say i am grieving just b/c i want to lower my taxes and get approved. you have to warrant it like you always have had to.
And rightfully so. Maybe when most people realize they're stuck with high numbers, they will start to care more about where it's all going. Wishful thinking though, since the grievance companies will have to earn a profit and they're in bed with local gov't... Seriously, F them all. It all started with power & greed. And we have people here saying we would've done the same thing in their position. F that noise too.
Cause tax has little to do with value, if your value went down, so did the rest of your town, but the total tax levy on the whole town only goes up year to year , so there is no way out of this mess.
It's not a mansion, it's under 3000sqft, under 0.18 acres.
Yes, I could probably sell it for 1.5, but i bought it well under a million less than 8 years ago, so because the value went up while I did nothing to the home, and I'm on a fixed income, I should pay double or triple the taxes
The double whammy is not being able to deduct the real estate tax from my income tax return.
Again, my problem is not the assessment of my home, my problem is with needless unchecked spending, and anytime we try to limit the spending, the local and loud activist few rile everyone up that we need to spend more on our schools. Dont get me wrong I know better schools bring better home values, but what's the point when I don't plan on selling, and if I do, I'm stuck looking at other homes in same town.
Anyways, my question is how the 5 year phase in will work, will it be 5 equal increments from old assessment level or old aassesed value?
How many bedrooms/bathrooms do you have?
If your house is worth 1.5mil and are on a fixed income, maybe it is time to downsize
How can I fit in smaller, I will just have to grieve and pray
I hate to tell you but growing up a family of 8 kids lived next door with 2 baths and 4 bedrooms total. The 5th bedroom was the just big enough to fit a bed and fought over because it afforded privacy. I know times are different now, but it can be done. As you have indicated you will just grieve and pay which means that you have made that choice. Good for you that you have that ability, you probably work hard for that money.
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