Quote:
Originally Posted by fishbones
Houses in my neighborhood have sold for 20 to 40% less over the last 3 years than they were selling for prior to that. My assessed value hasn't gone down in the last 3 years.
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So
Why haven't you filed for an abatement? The town isn't going to do it for you???
"If they need to meet a town budget number and they have a huge deficit, what is the town going to do? They can't increase the tax rate more than 2.5% without it going to town meeting for a vote. If the real estate markets reflect a big decrease in sold prices in a town, how can they assess the home at a higher rate to make up the budget shortfall? By your logic, they have to do something to make up the deficit. If the assessed value is strictly based on "MLS sold prices", how in the hell can the value of a property go up without any improvements having been made?"
I'm not the one who makes the laws/bylaws. It's what we were told is how it's done and this was echoed by my real estate agent who has no iron in the fire...
"And to your point about there being a mistake made on my neighbors property a couple years ago, nice try but you're wrong. The surveyors and assessors maps both clearly show that the land was not useable, and the maps had not changed since the home was built.
The town was throwing poop against the wall and hoping some would stick. They figured if they did it to enough people, some of them wouldn't question it."
All I will say is PROVE IT. I don't believe it for a second. Kennedy wasn't shot he's still alive. If you really believe this happened then you got one hell of a lawsuit against the town.
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