U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Real Estate
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Old 08-15-2007, 06:25 PM
Location: 89121
413 posts, read 1,565,874 times
Reputation: 341


An interesting thought. For those localities that tax real property at fair market value or a percentage of fair market value, what's going to be the impact of declining housing prices on the local municipal budgets. Are we going to see more tax grievances ?. One would think that smart homeowners would get appraisals and fight the local tax assessors. Thoughts ?
Reply With Quote Quick reply to this message

Old 08-16-2007, 03:32 AM
Location: Las Vegas
14,230 posts, read 29,495,421 times
Reputation: 27663
I'm sure that will be happening. I did it once and it was easy. All I had to do was get the comps that had sold in the last 6 months and contrast them to my home.

BTW, I think LOTS of people will be doing this and the realtors were charging $100 to do the CMA for folks. That was back in the 80's so I'm sure you could charge more now.
Reply With Quote Quick reply to this message
Old 08-16-2007, 06:33 AM
Location: Grand Rapids Metro
8,882 posts, read 19,507,945 times
Reputation: 3915
People are already starting to do that in our area. If you live in a high-growth area, the municipalities were getting "fat on the hog" on overinflated property values, so their time is due to cut back just like the rest of us.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.

Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Real Estate

All times are GMT -6.

© 2005-2023, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top