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Property taxes have been rising. Here’s what it means for housing

Housing Wire

In many communities, homeowners and homebuyers have been hit with eye-popping property tax increases. And homes in many communities have shot up in value in recent years, leading to tax increases through reassessments. But opinions differ on how much impact higher taxes are having on local housing and mortgage markets. “I

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How will California’s Proposition 19 impact property taxes?

Housing Wire

A slim majority of California residents voted in favor of Proposition 19 on Election Day, green-lighting a motion that gives new property tax breaks to older homeowners while increasing property taxes for those inheriting their parents’ or grandparents’ properties. Presented by: CoreLogic.

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9 tips for homebuyers in non-disclosure states

Housing Wire

.: Alaska Idaho Kansas Montana New Mexico North Dakota Utah Wyoming Louisiana Missouri (partial) Mississippi Texas Purchasing real estate in a non-disclosure state can significantly impact home buyers because it’s next to impossible to find property sale prices through public records.

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Everything You Need to Know About Fort Hood, TX Property Taxes

Hood Homes Blog

The property taxes in Harker Heights are expensive! It is not exactly true, as, in fact, Harker Heights has one of the lowest property tax rates in the Fort Hood area. Instead, Harker Heights’ property taxes are more not because the rate is higher but because property values in Harker Heights are higher as a whole.

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The Appraiser’s Guide to Evaluating Home Value Before You Buy

Birmingham Appraisal

It’s also important to differentiate between above-ground and below-ground living spaces, as basements often do not carry the same value as main-level square footage. While basements definitely add value the type of basement and the rooms in the basement will have a big impact on buyers and how much more they are willing to pay for it.

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The Proposed NYC "Pied-A-Terre Tax" Looks Catastrophic to NYC Real Estate

Miller Samuel

The market value of these properties will be based on a "comparable sale-based valuation method." which seems in direct conflict with state law since co-ops and condos are valued as rentals by state law in NYC. It taxes residential properties valued at $5 million and above in NYC, most of which are in Manhattan.

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12 Types of Expert Witness Assignments for Appraisers

McKissock

Tax appeal. Typically, this would be for local property tax appeals. If the appraiser is providing any services that would fall under that definition, the fee structure cannot be contingent on the outcome of the appeal. Income tax (IRS) issues. Learn more.