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‘My Property Tax Went From $15K to a Life-Altering $91K a Year’
(www.yahoo.com)
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They basically rebuilt their home and are sad it's appraised at market value.
That's at least what I got from it.
Yeah, not a lot of sympathy from me.
4.4 mil, wow.
If it’s that big of a problem for their life, why not just sell the house and be multi-millionaires? It’s a non-story. Maybe they should’ve taken that into consideration.
So, the house is now valued at 6x the original value? If they sold it at only 4-5x it would still be a huge win.
Their taxes were grandfathered in because they bought the property at a much lower value, the house was already worth a lot more than they paid for it.
Completely true, but not a loss.
They want the house, not the money. Now they’ll be forced to sell to some rich person. Doesn’t sound like a win to me