Real Estate Taxes

doc623 · #41 07/27/09, 10:06 AM

To beat a dead horse so tospeak- the whold taxing brings two questions:
1. Where do the authorities get the 'standard values' from?
2. What about devaluing or reassessing at the current market values?
I have yet to hear that someone was or has actually sold their property to the tax collectors for the appraised value. Or when you see forclosures or sheriff sales for 1/3 of the appraised value.

Win07_351 · #42 07/27/09, 11:59 AM

Quote:

Originally Posted by ET1 SS

Not everywhere is growing.

Some areas are shrinking.

Maine peaked it's population at 3 million, today Maine's population is at 1.3 million. Some counties are still shrinking in population here.

In an area where it is growing, it may take 20 or 40 years before the growth is enough to require raising taxes for the city folk's convenience services.

That in itself buys you a few decades with lower taxes.

Around here the ruralness, or 'Un-Organized' status is something the locals hold on to with great effort. Resisting anyone who wants to turn the area into a 'growth zone'.

ET1, are you up near the Presque Isle area?