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 thorvan
Joined: 04 Nov 2009
Posts: 1
1.27 Dollars($)
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 Posted: Wed Nov 04, 2009 9:41 am Post subject: property taxes |
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| My sister made me buy her out. When we dropped her name from the property the taxes went up significantly. Is there anything you can do to go back to your original amount. |
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sonjakracine
Joined: 24 Oct 2007
Posts: 77
15.05 Dollars($)
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| Posted: Wed Nov 04, 2009 9:48 am Post subject: |
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| This sounds like you lost some sort of tax exemptions, check with the county and see if there are things you need to sign up for. You may have also lost the exemptions if it is now not owner occupied. Every state has different rules so checking with your local authorities is the best answer I can give you. |
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gmakerley
Community Mentor
Joined: 09 Nov 2007
Posts: 9749
Location: bloomfield, ct
35.02 Dollars($)
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| Posted: Wed Nov 04, 2009 12:14 pm Post subject: |
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good advice, sonja. it occurs to me, also, that the taxes may simply have gone up due to increased budgetary concerns in the locale. in any event, checking with the taxing authority will give you an idea as to what took place in the increase, and how to decrease the taxes, if that's possible.
_________________
George M. Akerley
Loan Consultant
860-221-5044 |
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