BECAUSE YOU CAN NEVER HAVE TOO MANY HOMES!
real estate taxes
Those of us in real estate know that when the housing market plummets, vacation places plummet the most. Second homes are most often discretionary purchases you wait on until you feel flush with cash. Well, get ready. Realtors say second-home buyers are returning to the store, shopping from Cape Cod to Lake Tahoe. As I […]
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The price has been slashed from $16 million to just $11.5 for this amazing ranch spread one hour and a half north of the sleepy Ketchum/Sun Valley ski community of Hemingway fame. Located in the tiny town of Stanley, Idaho, and how cute is that name? (Not to be Debbie Downer, but Hemingway did commit suicide […]
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Yes, I did. It ain’t happening overnight, not even next week. But sometime in the year 2013 is the magic number tossed out by the number-crunching experts as the year our real estate market finally recovers. Economists who spoke at the “Mid-year Economic Update” panel at the National Association of Real Estate Editors meeting last week in […]
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Dear Tax Doctor: What are the typical arguments that the city makes for raising the value of the improvement when there have been no upgrades to the property since the previous evaluation? Also, what are the best counters to the city arguments other than comps. Thank you. Christopher McGuire, Vice President, Briggs Freeman | Sotheby’s […]
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A reader writes: We are somewhat new homeowners living in Lake Highlands (75238) where the Dallas CAD has our property values all over the place. Our home is not updated, except for one bathroom. We are appraising on the CAD for $215K. What is frustrating is that my next door neighbor (I have not been […]
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A reader writes and the Tax Doc will respond! By the way, if you have NOT received your appraisal in the mail, that means your taxes are unchanged from last year. But you can still go down and try to lower your appraised values. In fact, the Tax Doctor advises it. Hi Candy, We are […]
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