Current owners Property taxes...Will they stay the same for me??

[I_Love_LI_but]

Taxes don't seem to go DOWN. If the assessed value of the home goes down, the tax rates rise.

[zulu400]

Originally Posted by I_Love_LI_but

Taxes don't seem to go DOWN. If the assessed value of the home goes down, the tax rates rise.

Ok, I see that my house is being accessed tax about 30k more than the sale price. And its probable that the tax might be higher by the time I close as the sellers are getting a CO too (its a different story though, I had gone to the tax accessors office and they said the tax is already accessed on the extra space that the sellers are getting the CO for). But hypothetically, if the difference is say 40k.... then should I grieve my taxes ?

[I_Love_LI_but]

Originally Posted by zulu400

Ok, I see that my house is being accessed tax about 30k more than the sale price. And its probable that the tax might be higher by the time I close as the sellers are getting a CO too (its a different story though, I had gone to the tax accessors office and they said the tax is already accessed on the extra space that the sellers are getting the CO for). But hypothetically, if the difference is say 40k.... then should I grieve my taxes ?

Most everybody should grieve their taxes and in that case, definitely you too. However, just as the tax assessments are not fair, often the results of grievances are not fair either.