So I get a property tax bill on one of my houses today...

Sludge Factory

farfromglorified wrote:

Property tax reassessment in the absence of a formal offer is duplicitous and immoral. A property tax should always be based on the last purchase price of a home + inflation from then until the current date unless the taxing body is willing to purchase the home at the assessed value.

Every time I get a reassessment notice I go to the dispute bureau and ask which one of the 5 assessment judges is ready to write me a check for the value they claim my home is worth. Last time, I did it auction-style. Needless to say, they're never amused

Does that actually work for you? And what do you mean by a formal offer?

farfromglorified

Sludge Factory wrote:

Does that actually work for you?

Absolutely not!

And what do you mean by a formal offer?

Meaning that if the state thinks my house is worth $x, it best be prepared to buy it from me for $x. Property is only worth what someone will pay for it.

Sludge Factory

farfromglorified wrote:

Absolutely not!



Meaning that if the state thinks my house is worth $x, it best be prepared to buy it from me for $x. Property is only worth what someone will pay for it.

LOL, I admire your tenacity. Thanks for clearing that up for me.

melodious

Sludge Factory wrote:

Say what now? When you say lien block are you talking about homes that have been foreclosed or have a judgement against them or something?

If that's what you mean I suppose I could do that, however I truly don't want to live in a "normal" house by many people's standards. It may seem a bit weird and maybe a bit out of touch with reality for me, but my ultimate goal is to someday be able to afford a house built on the concepts found in the following link. It doesn't have to be something huge, just something I'd be comfortable knowing wouldn't blow away with the wind the next time a truck drove by. (Normal houses don't have that problem, but I digress the earthern home is where my heart is. I think it'd be pretty stellar if all these subdivisions that go up with their blocky houses were made with the earthen sheltered houses...that'd be a fun neighborhood to drive through)

http://www.earthshelteredtech.com/

So even if I could find something on a lien block (if I truly am understanding what you meant correctly) chances are it wouldn't be something like that since I know for a fact there aren't too many houses built with that techology.

WOW

godpt3

unsung wrote:

And my value of my house went up, along with my taxes. Isn't it strange that just about every legitimate authority on real estate says that property values are dropping and the end is still not here, yet my values went up? So since the value went up so did my taxes, amazing how that works.

you apparently own more than one house, so pardon me while I show absolutely no sympathy and laugh in your face

unsung

godpt3 wrote:

you apparently own more than one house, so pardon me while I show absolutely no sympathy and laugh in your face

So because I work and am educated I'm here asking for sympathy? Get over yourself pal this thread was created to show that even though 95% of the country has falling house prices the government still thinks that prices are going up so they get their share.

And I assure you that you would not laugh in my face.

Skitch Patterson

unsung wrote:

And I assure you that you would not laugh in my face.

Its so cute when people make "im so tough in real life statements"


anyways, my tax bill and State Equalized value went down, so now i cant use FFG's idea, and frankly, i am a bit disappointed... it sounds like fun

GauchoB

unsung wrote:

And my value of my house went up, along with my taxes. Isn't it strange that just about every legitimate authority on real estate says that property values are dropping and the end is still not here, yet my values went up? So since the value went up so did my taxes, amazing how that works.

You can always appeal an upward assessment. If you can show your city or county your home depreciated you should be able to get an adjustment

GauchoB

RolandTD20Kdrummer wrote:

Not to mention the whopping line of credit any bank is willing to offer you now using your house as security. Quarter mill anyone?

I don't know any banks offering huge lines of credit in this market.

RolandTD20Kdrummer

GauchoB wrote:

I don't know any banks offering huge lines of credit in this market.

You have to already own your own house free and clear, those that are in this situation would automatically understand what I meant.

GauchoB

RolandTD20Kdrummer wrote:

You have to already own your own house free and clear, those that are in this situation would automatically understand what I meant.

I never know what you are talking about. Who the fuck do you know that actually owns a house free and clear? That is certainly NOT the measure for obtaining a line of credit.

RolandTD20Kdrummer

GauchoB wrote:

I never know what you are talking about. Who the fuck do you know that actually owns a house free and clear? That is certainly NOT the measure for obtaining a line of credit.

Lots of people do...

unsung

Skitch Patterson wrote:

Its so cute when people make "im so tough in real life statements"

Is it really? Well I do a good magic show as well. I wasn't the one claiming to laugh in someone else's face, I merely assured him that he really wouldn't laugh in mine. There are also a lot of people on this website who like to call others names like idiot and moron when they don't agree. I haven't decided if it is the lack of maturity or knowledge that does that. I'm guessing maturity because I give people some credit for liking the same band that I do.

Skitch Patterson

unsung wrote:

Is it really? Well I do a good magic show as well. I wasn't the one claiming to laugh in someone else's face, I merely assured him that he really wouldn't laugh in mine. There are also a lot of people on this website who like to call others names like idiot and moron when they don't agree. I haven't decided if it is the lack of maturity or knowledge that does that. I'm guessing maturity because I give people some credit for liking the same band that I do.

yes, its adorable.
Its very possible that person may laugh in your face.
And its even more likely that you'd do nothing more than say "asshole" and walk away.

melodious

GauchoB wrote:

I never know what you are talking about. Who the fuck do you know that actually owns a house free and clear? That is certainly NOT the measure for obtaining a line of credit.

I believe you have just met ONE person who does own her house free and clear....;) and I may be mistaken but the person was trying to make a suggestion to others and maybe guide others towards an avenue to progress, if those others may so choose.

It is not for us to judge those who have more assets than we may choose to posess...perhaps this person may do something really nice for the community.
We must have faith in one Source and not to question intent of others; it eats your heart all the way to your soul..

Charger74

Unsung, it's nice to meet someone that has also had issues within this housing market that also involved the breakdown of a relationship with a woman.

3 years ago, my fiancee and I bought a nice home together, but it was one of those 80/20 ARM, no money down deals. The mortgage broker told us up front that we MUST refinance the mortgage after the first 3 years (when the pre-payment penalty was up on the 80%). It was tough to afford, considering the house payment was more than double what we had paid before in the house that we rented, but I told her, "they wouldn't lend us the money if we couldn't pay it".

Little solace that was. Long story short, she 'flipped out' after we moved in, and what should have been a happy time for us ended up with her claiming depression and off work on disability leave and me working 2 jobs to keep everything. She eventually called off the wedding (2nd time she'd done this since we'd been together) and within 9 months of moving in, and after 6.5 years together, she left me after accusing me of cheating on her (when it was actually her that had someone else waiting, an Iraq war reservist she met online). Initially the plan was to sell the house, since I couldn't afford it by myself. But then I decided to keep it. I told her she would get the benefit of a house payment made on time on her credit report for the next 2 and a half years, at which point I'd refinance, and she would be removed from the loan and the deed.

That was completed this past April. She ended up getting married and has a child with him, and they now rent a house and are looking for one to buy. I now own the home we had, despite the adversity and am just now getting to the point of being able to do more things in my reclaimed free time (like go to PJ concerts :P). All in all, it worked out ok. I have a great place I worked hard for, and my son with her has a great place when he's with me. And I'm free of her constant mood swings and B*tching.

With all that being said, if I was able to bring myself out of this, and given the hand you were dealt, is it really necessary for the Fed gov't to initiate a federal bailout of homeowners that have lost money or are in unaffordable ARMs?

Skitch Patterson

Charger '74 wrote:

Unsung, it's nice to meet someone that has also had issues within this housing market that also involved the breakdown of a relationship with a woman.

3 years ago, my fiancee and I bought a nice home together, but it was one of those 80/20 ARM, no money down deals. The mortgage broker told us up front that we MUST refinance the mortgage after the first 3 years (when the pre-payment penalty was up on the 80%). It was tough to afford, considering the house payment was more than double what we had paid before in the house that we rented, but I told her, "they wouldn't lend us the money if we couldn't pay it".

Little solace that was. Long story short, she 'flipped out' after we moved in, and what should have been a happy time for us ended up with her claiming depression and off work on disability leave and me working 2 jobs to keep everything. She eventually called off the wedding (2nd time she'd done this since we'd been together) and within 9 months of moving in, and after 6.5 years together, she left me after accusing me of cheating on her (when it was actually her that had someone else waiting, an Iraq war reservist she met online). Initially the plan was to sell the house, since I couldn't afford it by myself. But then I decided to keep it. I told her she would get the benefit of a house payment made on time on her credit report for the next 2 and a half years, at which point I'd refinance, and she would be removed from the loan and the deed.

That was completed this past April. She ended up getting married and has a child with him, and they now rent a house and are looking for one to buy. I now own the home we had, despite the adversity and am just now getting to the point of being able to do more things in my reclaimed free time (like go to PJ concerts :P). All in all, it worked out ok. I have a great place I worked hard for, and my son with her has a great place when he's with me. And I'm free of her constant mood swings and B*tching.

With all that being said, if I was able to bring myself out of this, and given the hand you were dealt, is it really necessary for the Fed gov't to initiate a federal bailout of homeowners that have lost money or are in unaffordable ARMs?

this entire post has abolutely nothing to do with the topic.


not that i care, i just find it funny you are using a thread about property taxes to complain about an ex-gf.

im gonna go find a war casualty topic to talk about the giant spit up my baby just had,

OutOfBreath

farfromglorified wrote:

Property tax reassessment in the absence of a formal offer is duplicitous and immoral. A property tax should always be based on the last purchase price of a home + inflation from then until the current date unless the taxing body is willing to purchase the home at the assessed value.

Every time I get a reassessment notice I go to the dispute bureau and ask which one of the 5 assessment judges is ready to write me a check for the value they claim my home is worth. Last time, I did it auction-style. Needless to say, they're never amused

Boy, I'd hate to be a government clerk in your district...

Peace
Dan

Charger74

Skitch Patterson wrote:

this entire post has abolutely nothing to do with the topic.


not that i care, i just find it funny you are using a thread about property taxes to complain about an ex-gf.

im gonna go find a war casualty topic to talk about the giant spit up my baby just had,

Thanks Skitch. 'Preciate it. Good luck with that.

unsung

Personally I find it funny that he is complaining in a thread about someone else complaining about something even though that person was only making a personal comparison to my situation.

I guess you can't make everybody happy.