Municipal Assessment Values vs. Sales Data
|
|
- Ruth Franklin
- 6 years ago
- Views:
Transcription
1 Municipal Assessment Values vs. Sales Data A means of determining equity in the property tax system Karl Green Department of Community Development
2 Why study assessed values? Not often well understood or discussed Tax bills are confusing Increases of property values on tax bills cause ill-ease By studying assessed values, we understand how well our community is distributing the tax burden equitably
3 Local municipality is the incorporated City or Village; or the unincorporated town government
4 The Average Assessment Ratio shows the average rate the municipality is assessed at when compared to the municipality s Fair Market Value
5 As the average assessment ratio lowers - there is greater potential for tax payer inequities? 1. True 2. False
6 True or False: If my assessed property value goes up my taxes will go up 1. True 2. False 3. Depends
7 What causes your portion of property tax to increase? Increased tax levy, with no changes to individual or municipal assessed values. Increased individual assessed values while municipal assessed values: Reduced Stayed the same Increase at a lower rate than your individual increase
8 Your property tax is determined by Indiv. Prop. Assessed Value x Municipal Mill Rate Municipal Mill Rate = Total Tax Levy Total Municipal Assessed Value Indiv. Prop. Assessed Value x Total Tax Levy Total Municipal Assessed Value
9 Therefore If Indiv. Prop. Assessed Value x Total Tax Levy Total Municipal Assessed Value If the assessment roll is maintained regularly & every residence is assessed regularly Then the individual property tax rates will be most equitable
10 But what does keeping our assessments accurate really do? Maintains fairness Like it or not, our local taxes are funded by the value of our property. If we are inaccurate with our assessments then there is potential for inequity among tax payers i.e. If someone is under paying, someone else is over paying
11 What is the price our municipality is willing to pay to ensure everyone is paying an accurate amount for their property? Cost of municipal assessment vs. impact of inequity
12 $ of Assessment Impact of inequity
13 So - Why am I studying assessed values? To determine if any inequity may be present in the system! To understand how much difference exists (range between accuracy of assessments in municipality)
14 The Study: Where do we get our data? Register of Deeds office records all deed transfers in La Crosse County Sorted by municipality Department of Zoning, Planning & Land Information Tax assessment for each parcel for every year
15 How did we get our data? It was relatively easy to acquire IT Department has ability to create code to query various data sets. Worked with IT to combine two sets of data: All deeds have a tax parcel All tax parcels have annual assessments for each tax parcel Compared by individual municipality
16 What is an arms-length sale? 1. A sale between two people for a residential property 2. A sale between a willing buyer and a willing seller in which the property has been adequately exposed to the real estate market 3. A sale where you stand an arms length from the buyer
17 However, We needed to remove non-arm s length sales from the data Arms length sales occur between a willing buyer and a willing seller, and should illustrate market conditions A sale is not considered an arm s length sale if affected by: Relationship between buyer and seller External condition requiring sale Job position change Divorce Foreclosure Insufficient market exposure» Gift» Family inheritance» Land sold to exempt organization or Government
18 Also keep in mind We are looking mainly at residential properties So of the total property transfers how many were residential homes? This question is hard to answer Not all property sales/deed transfers are recorded like an arm s length residential sale Quit Claim Deed Trustee s Deed Life Estate Transfer Marriage/Divorce
19 We need to compare: Arms length homes sales in municipality to Total existing homes in municipality As we remove non-arms length data from the data pool we need to be sure we have a large enough sample group to ensure adequate representation So does the number of arms length sales we see in each year compare with previous and future years? Short answer: Yes! Homes sold Total Homes
20 On my graphs I show total annual sales as a percentage of total homes
21 The main calculation Sales Price/Assessed value For example: Sales price is $105,000 Assessed value is $100,000 The sales to assessment ratio is 1.05 or the sale price was 5% higher than the assessed value Any % greater than 1 means the sale price is greater than the assessed value
22 Ex: Town of Holland arms length sales in 2004 Any value >1 means sales price was higher than the assessed price
23 Explaining the graph The frequency represents the number of sales
24 Explaining the graph The Bin indicates the % over /or under the assessed price 1.5 means sale price was 50% higher than assessed price
25 Ok now what! Do we look at each individual municipality for each individual year? Can we determine the degree of a problem?
26 Your assessor is attempting to hit a small target The small target is the.. Bulls-eye or Market sale price, The assessor s dart (the assessed value) should get close to the bulls-eye (the market sale price)
27 What does the assessment ratio represent? A) The ratio of total assessed value to total equalized value in a municipality B) The number of properties within a municipality that have running water C) The percent of properties that are assessed at the equalized value
28 Case Example Town of White House has an assessment ratio of 75% The town has two property owners: Property owner A is assessed at 90% value Property owner B is assessed at 60% value The inequity comes from the difference between individual assessment ratios Although low municipal avg. assessment ratios allow for these errors they are not the cause The cause stems from an out of date assessment roll The assessment roll does not reflect each individual property s as accurately as cost allows As cost allows is up to each individual municipality
29 Town of Onalaska- 1998
30 Town of Onalaska- 1999
31 Town of Onalaska- 2000
32 Town of Onalaska- 2001
33 Town of Onalaska 2002
34 Town of Onalaska- 2003
35 Town of Onalaska- 2004
36 Town of Onalaska- 2005
37 Town of Onalaska- 2006
38 When looking at these values need to remember If somebody is underpaying somebody else is overpaying. If large variations in the assessed value to sales value is occurring the property assessment roll may not be updated If assessors aren t adequately updating the property assessment roll - increased potential for property tax inequity among town property owners With assessors we get what we pay for. Most assessors probably wouldn t care if you agree to pay them more to maintain better records Do our town contracts or RFP s w/ assessors allow enough time/cost for maintaining an equitable property tax assessment book? If there is something broke with the system, who should fix it?
39 True or False: If my assessed property value goes up my taxes will go up 1. True 2. False 3. Depends
Athens County Auditor, Jill Thompson provides homeowners answers to the most commonly asked questions about the countywide 2014 reappraisal
Contact: Jill Thompson Athens County Auditor Phone 740.592.3223 Fax 740.594.3270 15 S. Court Street, Room 330 Athens, Ohio 45701 www.athenscountyauditor.org Jill Thompson Athens County Auditor Property
More informationASSESSORS ANSWER FREQUENTLY ASKED QUESTIONS ABOUT REAL PROPERTY Assessors Office, 37 Main Street
A. THE ASSESSMENT PROCESS: ASSESSORS ANSWER FREQUENTLY ASKED QUESTIONS ABOUT REAL PROPERTY Assessors Office, 37 Main Street What is mass appraisal? Assessors must value all real and personal property in
More informationCOMPLAINT ON REAL PROPERTY ASSESSMENT GUIDANCE (UNINCORPORATED TOWN OF GREENBURGH AND ALL VILLAGES) (Residential 1, 2, or 3 family homes)
COMPLAINT ON REAL PROPERTY ASSESSMENT GUIDANCE (UNINCORPORATED TOWN OF GREENBURGH AND ALL VILLAGES) (Residential 1, 2, or 3 family homes) Although the assessment staff is very knowledgeable to answer your
More informationSession 4 How to Get a List
Land Profit Generator LPG Session 4 Page 1 Session 4 How to Get a List The List is the most IMPORTANT AND CRUCIAL piece of information in this process. If you don t have a list you can t send out letters
More informationAnswers to Questions Communities
Answers to Questions Communities may have about Floodplain Buyout Projects Is our community eligible to receive a mitigation grant for a floodplain buyout project? There are two key criteria for communities
More informationIn Boone County, accurate assessments generate fair property taxes Alan Zielinski, Boone County Chief Assessment Officer
In Boone County, accurate assessments generate fair property taxes. 2017 Alan Zielinski, Boone County Chief Assessment Officer Tonight s presenters: Curtis P. Newport, Boone County Treasurer Al Zielinski,
More informationTabletop Discussions Notes Santa Rosa Plain Funding Options Community Workshop General Notes, Comments, Ideas, Questions
General Notes, Comments, Ideas, Questions Common themes USE MORE-PAY MORE: Businesses making money and using water should be paying more/a significant amount (i.e. wineries and casino) Want municipalities,
More informationProperty Appraisal Division Finance Department Anchorage: Performance. Value. Results.
Anchorage: Performance. Value. Results. Mission Provide a fair and equitable basis for taxation in the Municipality of Anchorage in conformance with State law and professional standards. Core Services
More informationDo You Want to Buy a Home but have Poor Credit or Little in Savings?
Do You Want to Buy a Home but have Poor Credit or Little in Savings? If you re reading this guide, you re likely considering rent to own (also commonly referred to as lease to own ) properties because
More informationPast & Present Adjustments & Parcel Count Section... 13
Assessment 2017 Report This report includes specific information regarding the 2017 assessment as well as general information about both the appeals and assessment processes. Contents Introduction... 3
More informationIntroduction. Bruce Munneke, S.A.M.A. Washington County Assessor. 3 P a g e
Assessment 2016 Report This report includes specific information regarding the 2016 assessment as well as general information about both the appeals and assessment processes. Contents Introduction... 3
More informationTenants Rights in Foreclosure 1
Tenants Rights in Foreclosure 1 1. I just found out that the home I rent is in foreclosure. What should I do? You should first determine the type of foreclosure. There are two types, one with court involvement
More informationSell Your House in DAYS Instead of Months
Sell Your House in DAYS Instead of Months No Agents No Fees No Commissions No Hassle Learn the secret of selling your house in days instead of months If you re trying to sell your house, you may not have
More informationPAYMENT UNDER PROTEST APPEAL GUIDE
PAYMENT UNDER PROTEST APPEAL GUIDE In Kansas you have two opportunities to appeal the value of your property. If you appeal at the time of paying taxes, it is called a Payment Under Protest. This guide
More informationSandwich Assessing Department Frequently Asked Questions Taxation Issues
Sandwich Assessing Department Frequently Asked Questions Taxation Issues Mailing Address: 16 Jan Sebastian Drive Sandwich, MA 02563-2319 Phone: 508-888-0157 Fax: 508-833-8098 Business Hours: Monday-Friday
More informationThe really ewes-ful guide to Rent Now, Buy Later It s shear good sense
The really ewes-ful guide to Rent Now, Buy Later It s shear good sense Benefits for sellers Would ewe like to sell your home and have the freedom to explore pastures new? Or do you have a house that you
More informationHomeowner s Exemption (HOE)
Homeowner s Exemption (HOE) Table of Contents CHEAT SHEETS... 3 Add HOE to a Parcel...3 Edit HOE Record...3 Remove HOE from a Parcel...3 Find the HOE Amount...3 Who is getting the exemption?...4 New Application
More informationOFFICIAL PROCEEDINGS City of Williston Local Board of Equalization May 3, :00 pm City Hall Williston, North Dakota
1. Roll Call of Commissioners OFFICIAL PROCEEDINGS City of Williston Local Board of Equalization May 3, 2017 6:00 pm City Hall Williston, North Dakota COMMISSIONERS PRESENT: Deanette Piesik, Tate Cymbaluk,
More informationYOUR GUIDE TO SHARED OWNERSHIP. A guide to Shared Ownership
YOUR GUIDE TO SHARED OWNERSHIP A guide to Shared Ownership WHAT IS SHARED OWNERSHIP? Shared Ownership is a government scheme aimed to help buyers get on to the property ladder. You only need to afford
More informationAssessor s offices may observe rules or policy items that
Understanding the Scope of Work Rule and Advisory Opinion 32 Kenneth L. Joyner, RES, AAS The statements made or opinions expressed by authors in Fair & Equitable do not necessarily represent a policy position
More informationASSESSMENT AND TAXATION
ABSTRACT A brief synopsis of the assessment, appeal and taxation process as implemented by the Code of Iowa and Administrative Rules. ASSESSMENT AND TAXATION Iowa State Association of Assessors General
More informationHow Selling Your House to a Real Estate Investor Stacks Up Against Your Other Options
How Selling Your House to a Real Estate Investor Stacks Up Against Your Other Options Pros, cons, costs, and timeline of each option So, you need to sell your house. Selling in a market like today s can
More informationWhat is a Small Claims Assessment Review (SCAR)?
Small Claims and Assessment Review What is a Small Claims Assessment Review (SCAR)? The Small Claims Assessment Review is a procedure that provides property owners with an opportunity to challenge the
More informationPVD Foreclosure Related Sales Guidelines
Introduction PVD Foreclosure Related Sales Guidelines The purpose of this paper is to provide guidance to county appraisers in dealing with the high volume of foreclosure related sales, also known as REO
More informationIMPORTANT ANNOUNCEMENT: Our website is changing! Please click here for details.
IMPORTANT ANNOUNCEMENT: Our website is changing! Please click here for details. Home Search Downloads Exemptions Agriculture Maps Tangible Links Contact Home Frequently Asked Questions (FAQ) Frequently
More informationShared Ownership: The Absolute Truth
Shared Ownership: The Absolute Truth Shared Ownership: The Absolute Truth Are you looking to buy a property and realising how difficult it is to find something that you want, in an area you like at a price
More informationAudio #26 NRAS NRAS
NRAS Dymphna: Welcome everybody to iloverealestate.tv. Great to have you guys listening again and once again, I have a fabulous guest speaker to come and talk to you. Now we re talking about something
More informationHome buying tips / Eight steps to buying your home
Home buying tips / Eight steps to buying your home The below info is to provide guidance mainly to new buyers. As your agent I will help and guide you with all of the below so you can focus on enjoying
More informationA GUIDE TO THE PROPERTY VALUATION APPEAL PROCESS - EQUALIZATION APPEALS*
A GUIDE TO THE PROPERTY VALUATION APPEAL PROCESS - EQUALIZATION APPEALS* LAND AND BUILIDNGS USED FOR RESIDENTIAL AND COMMERICAL PURPOSES (*IN COUNTIES WITHOUT HEARING OFFICER/PANELS) (Rev. 08/2016) Kansas
More informationTax Assessment Appeals and Practice in Collar Counties. By William J. Seitz IICLE REAL ESTATE TAXATION PROGRAM. University of Chicago, Gleacher Center
Tax Assessment Appeals and Practice in Collar Counties By William J. Seitz IICLE REAL ESTATE TAXATION PROGRAM University of Chicago, Gleacher Center Chicago (November 1, 2012) I. INTRODUCTION A. Focus
More informationOn 1 February 2013 the IVSC announced the release of an Exposure Draft dealing with amendments to IVS 2011.
29 April 2013 IVSC Standards Board International Valuation Standards Council 41 Moorgate LONDON EC2R 6PP Dear Sirs, Exposure Draft Amendments to the International Valuation Standards On 1 February 2013
More informationB. The occupant was a tenant (that was NOT the former mortgagor) Yes No Basis for determination:
To be completed and retained in file - if the Seller is unwilling to provide certification of compliance 1. On, became the Initial Successor in Interest (ISII) pursuant to a foreclosure on residential
More information11. What is the difference between easement by necessity and easement by prescription?
In class work with answers for chapter 7-14 1. What does it mean for the government to have governmental powers? Government powers supersede individual rights to real estate for the protection of the general
More informationI N T R O T O L E A S E O P T I O N S
I N T R O T O L E A S E O P T I O N S LEARNING THE NUTS AND BOLTS OF LEASE OPTIONS This guide will help you better understand lease options and how they can help you acheive your goals in real estate.
More informationYou ll see lots of freehold land and villas advertised for sale in Bali. But, under the laws of Indonesia,
You ll see lots of freehold land and villas advertised for sale in Bali. But, under the laws of Indonesia, foreigners cannot own freehold land. So you can buy it but you can t own it. How can that be?
More informationDate: March 2018 TOWN OF WATERFORD Department of Assessment
Date: March 2018 TOWN OF WATERFORD 1. Overview: The purpose of this workshop is to explain the Assessment Disclosure Notice, how assessments are derived and how to challenge your assessment if you do not
More informationSPECIAL REPORT. How To Sell The House You No Longer Want
SPECIAL REPORT How To Sell The House You No Longer Want SPECIAL REPORT How To Sell The House You No Longer Want If you purchased a second home or investment property while the real estate boom was still
More informationMath 11 Essentials -- TEST -- Chapter 4 -- Renting an Apartment Name: 1. Match each of the following terms to its correct description.
Math 11 Essentials -- TEST -- Chapter 4 -- Renting an Apartment Name: 1. Match each of the following terms to its correct description. (11 Points) Utilities Rental Deposit Sublet an Apartment Deductible
More informationFiling a property assessment complaint and preparing for your hearing. Alberta Municipal Affairs
Filing a property assessment complaint and preparing for your hearing Alberta Municipal Affairs Alberta s Municipal Government Act, the 2018 Matters Relating to Assessment Complaints Regulation, and the
More informationREAL ESTATE INVESTING GUIDE. Combine IRA tax advantages with real estate investment opportunities.
REAL ESTATE INVESTING GUIDE Combine IRA tax advantages with real estate investment opportunities. INTRODUCTION The IRS allows an IRA, Solo 401(k), or HSA to acquire real estate as an asset without penalty
More informationNeighborhood Stabilization Program Public Meeting Flagler County Government Services Building, Board Chambers February 25, :00 p.m.
Neighborhood Stabilization Program Public Meeting Flagler County Government Services Building, Board Chambers February 25, 2009 6:00 p.m. City Manager Jim Landon gave a brief overview of the program. The
More informationBOARD OF REVIEW SCRIPT
BOARD OF REVIEW SCRIPT CLERK'S SCRIPT: 1. Clerk introduces the case by stating the following information: a. Tax Key # b. Property address c. Property Owner d. Mailing address if different. e. Class of
More informationYour Guide to Real Estate in an IRA
Tim Conarro Summit Commercial Brokers PO Box 9 Niwot CO 80544 303-746-1490 www.longmont-commercial-realestate.com Your Guide to Real Estate in an IRA Information is provided by New Direction IRA, Inc.
More informationEquity from the Assessor s Perspective
Institute of Municipal Assessors 55th Annual Conference Equity from the Assessor s Perspective Andy Anstett Legislation & Policy Support Services MPAC June 7th, 2011 Key Aspects of Equity Test Defining
More informationDO YOU RENT? A Guide to Residential Tenancies in Nova Scotia
DO YOU RENT? A Guide to Residential Tenancies in Nova Scotia How to Use This Guide: This Guide is an easy-to-use reference for landlords and tenants. It covers more than 60 common questions about renting
More informationBuilding HOME Webinar Series Tenant-Based Rental Assistance (TBRA)
Building HOME Webinar Series Tenant-Based Rental Assistance (TBRA) Kris Richmond: Ready. Today, we're going to be going over the tenant-based rental assistance module and then we will be opening the session
More informationCITY OF OWATONNA ASSESSMENT REPORT. Steele County Assessor s Department. William G. Effertz, SAMA Steele County Assessor
2017 CITY OF OWATONNA ASSESSMENT REPORT Steele County Assessor s Department William G. Effertz, SAMA Steele County Assessor Tyler Diersen, AMA, Assistant County Assessor April 11, 2017 2017 Assessment
More informationPresented By: Monica Main
Presented By: Monica Main Asset Class Options Single Family Homes Condos Houses Multifamily Residential Duplexes Quads Multifamily Commercial Residential Commercial 5+ Unit Buildings Commercial Retail
More informationHow to Sell Your Home in a Short Sale
How to Sell Your Home in a Short Sale A viable solution for property with no equity Warrior Brown Realty Real Estate Professionals setting the standards for excellence Tangie Warrior Brown, Realtor Direct:
More informationHow to find great deals: flips & cash flow
How to find great deals: flips & cash flow 1 Written by: Ryan Moeller President Real Return Real Estate http://www.realreturnrealestate.com ryan@realreturnrealestate.com Once you pick a strategy to focus
More informationVillage of Scarsdale
Village of Scarsdale VILLAGE HALL / 1001 POST ROAD / SCARSDALE, NY 10583 914.722.1110 / WWW.SCARSDALE.COM Village Wide Revaluation Frequently Asked Questions Q1. How was the land value for each parcel
More informationTo Receive CPE Credit
Successfully Defending Valuations During Estate & Gift Tax Exams Carol Lewis, CPA, ABV Partner Forensics & Valuation Services clewis@bkd.com October 8, 2014 experience expertise // Elevate your understanding
More informationPIATT COUNTY BOARD OF REVIEW RULES & PROCEDURES 2013
PIATT COUNTY BOARD OF REVIEW RULES & PROCEDURES 2013 1. SUGGESTION. It is strongly recommended that the tax payer discuss his or her assessment with their township assessor prior to filing a complaint
More informationAPPRAISER & ASSESSOR Real Estate Tax Valuation Overview and Issues
APPRAISER & ASSESSOR Real Estate Tax Valuation Overview and Issues James R. Johnston, MAI, SRA J. Michael Tarello, MAI, ASA, MRA February 11, 2015 BOSTON Property Advisors Vision Government Solutions AGENDA
More informationFACT 2: Only 8-12% Of These Properties Are Actually Good Investment Deals
HOW TO FIND THE MOST PROFITABLE REAL ESTATE DEALS IN YOUR MARKET BEFORE YOUR COMPETITION FACT 1: 80% Of All Homes Sold In The US Are Sold Via The MLS FACT 2: Only 8-12% Of These Properties Are Actually
More informationIREDELL COUNTY 2015 APPRAISAL MANUAL
STATISTICS AND THE APPRAISAL PROCESS INTRODUCTION Statistics offer a way for the appraiser to qualify many of the heretofore qualitative decisions which he has been forced to use in assigning values. In
More informationBOUNDARIES & SQUATTER S RIGHTS
BOUNDARIES & SQUATTER S RIGHTS Odd Results? The general boundary rule can have results that seem odd - for example the Land Registry s Practice Guides make it clear that they may regard you as owning land
More informationYour Rights. as an Assured Tenant
Your Rights as an Assured Tenant Orton Grove, Enfield Your rights as an assured tenant Your tenancy agreement is a very important document because it describes your rights and responsibilities as a tenant
More informationOFFER & ACCEPTANCE. Chapter 7
OFFER & ACCEPTANCE Chapter 7 SECTION 7-1 GOALS List the elements required to form a contract. Describe the elements of an offer. Contract Agreement that courts will enforce Can be oral or written Elements
More informationProperty Appraisal Division Finance Department Anchorage: Performance Value Results
Anchorage: Performance Value Results Mission Provide fair and equitable basis for taxation in the Municipality of Anchorage in conformance with State law and professional standards. Core Services Valuation
More informationImlTRUST LANDS. August 15, 2014
1707 North 9th Street PO Box 5523 Bismarck, ND 58506-5523 Phone: (701) 328-2800 Fax: (701 ) 328-3650 www.fand.nd.gov Letter of Comment No. 38 D E PARTMENT OF ImlTRUST LANDS INVE STING FOA EDUCATION Lance
More informationWe look forward to working with you to build on our collaboration and enhance our partnership on behalf of all Minnesotans.
Date: February 27, 2017 To: County Assessors, Auditors, and Treasurers From: Cynthia Rowley, Director Property Tax Division Subject: Property Tax Services Report The Property Tax Division of the Minnesota
More informationCOMPLAINT ON REAL PROPERTY ASSESSMENT FOR 20. BEFORE THE BOARD OF ASSESSMENT REVIEW FOR (city, town village or county) PART ONE: GENERAL INFORMATION
NEW YORK STATE DEPARTMENT OF TAXATION & FINANCE OFFICE OF REAL PROPERTY TAX SERVICES RP-524 (3/09) COMPLAINT ON REAL PROPERTY ASSESSMENT FOR 20 BEFORE THE BOARD OF ASSESSMENT REVIEW FOR (city, town village
More informationFinding Deals in Defailted Properties Pre-Foreclosure, Courthouse Auctions and Bank-Owned REOs
Finding Deals in Defailted Properties Pre-Foreclosure, Courthouse Auctions and Bank-Owned REOs Finding Deals on properties with defaulting mortgages offers opportunities at three very different entry points.
More informationThe Honorable Larry Hogan And The General Assembly of Maryland
2015 Ratio Report The Honorable Larry Hogan And The General Assembly of Maryland As required by Section 2-202 of the Tax-Property Article of the Annotated Code of Maryland, I am pleased to submit the Department
More informationAPPRAISER & ASSESSOR Real Estate Tax Valuation Overview and Issues
APPRAISER & ASSESSOR Real Estate Tax Valuation Overview and Issues James R. Johnston, MAI, SRA J. Michael Tarello, MAI, ASA, MRA May 20, 2015 BOSTON Property Advisors Vision Government Solutions AGENDA
More informationBUREAU OF LAND MANAGEMENT. Fractional Sections. With John Farnsworth and Belle Craig C A D A S T R A L S U R V E Y
BUREAU OF LAND MANAGEMENT Fractional Sections With John Farnsworth and Belle Craig 2009 C A D A S T R A L S U R V E Y Fractional Sections There are two types of fractional sections referenced in the 1973
More informationProperty Appraisal Division Finance Department Anchorage: Performance. Value. Results.
Anchorage: Performance. Value. Results. Mission Provide a fair and equitable basis for taxation in the Municipality of Anchorage in conformance with State law and professional standards. Core Services
More informationOur second speaker is Evelyn Lugo. Evelyn has been bringing buyers and sellers together for over 18 years. She loves what she does and it shows.
Wi$e Up Teleconference Call Real Estate May 31, 2006 Speaker 2 Evelyn Lugo Jane Walstedt: Now let me turn the program over to Gail Patterson, also a member of the Women s Bureau team that plans the Wi$e
More informationIN THE OREGON TAX COURT MAGISTRATE DIVISION Property Tax. This Final Decision incorporates without change the court s Decision, entered September
IN THE OREGON TAX COURT MAGISTRATE DIVISION Property Tax KYLE A. RUTHARDT, Plaintiff, v. WASCO COUNTY ASSESSOR, Defendant. TC-MD 150193N FINAL DECISION This Final Decision incorporates without change the
More informationSpecial Plainview City Council Meeting Board of Appeals and Equalization Meeting AGENDA Tuesday, April 16, 2019, at 6:00 P.M.
Special Plainview City Council Meeting Board of Appeals and Equalization Meeting AGENDA Tuesday, April 16, 2019, at 6:00 P.M. Special meetings are meetings held at a time or place that is different from
More informationLoss-on Sale: Factors to Consider
Loss-on Sale: Factors to Consider With home prices dropping and real estate markets nationwide negatively impacted by record foreclosures, it s increasingly likely that your relocating employees will find
More informationproperty even if the parties have no lease arrangement. This is often called an option contract.
In the farming community, lease-to-own refers to certain methods to achieve land ownership. Purchasing a farm with conventional financing is simply not an option (or the best option) for many. Lease-to-own
More informationMINUTES LOCAL BOARD OF EQUALIZATION AND REVIEW HEARING CITY OF LINDSTROM APRIL 26 th, :30 P.M.
MINUTES LOCAL BOARD OF EQUALIZATION AND REVIEW HEARING CITY OF LINDSTROM APRIL 26 th, 2011 6:30 P.M. CALL TO ORDER: Mayor Carlson called the meeting at 6:30 p.m. A Quorum and Trained member of the Board
More informationEXPLAINING MASS APPRAISAL
EXPLAINING MASS APPRAISAL PROMOTING THE ROLE OF THE ASSESSOR MAAO SUMMER CONFERENCE, JUNE 24, 2015 RICHARD W. FINNEGAN, MAA Please excuse the length of this letter. I didn t have time to write a short
More information* Are the Public and Private Capital Markets Worlds Apart? M. Mark Walker, PhD, CFA, CBA
WINTER 2007/2008 THE INSTITUTE OF BUSINESS APPRAISERS, INC. Business Appraisal Practice In this Issue Editor's Column - Does a Historical Average, Weighted or Otherwise, Constitute an Income Forecast?
More information2017 Reappraisal. March 10, 2017
2017 Reappraisal March 10, 2017 Today s Presenters Cheyenne Johnson, Assessor Charles Blow, CAE Robert Trouy, TMA David Baker, Certified General Appraiser Joshua Forbes Shawn Lynch, JD Together, as professional
More informationGetting Deals Under Contract
Getting Deals Under Contract We are looking for motivated sellers. Motivated sellers are property owners who simply want to get rid of their property and are willing to do just about anything to make that
More informationAdvice SU READY TO RENT GUIDE
Advice SU READY TO RENT GUIDE Advice SU Second Floor, Students Union 028 9097 3726 studentadvice@qub.ac.uk HELLO! Thinking of moving into private rented housing? We re here to help you with the stuff you
More informationProperty Tax Oversight Bulletin: PTO FLORIDA DEPARTMENT OF REVENUE PROPERTY TAX INFORMATIONAL BULLETIN
Property Tax Oversight Bulletin: PTO 08-02 To: Property Appraisers From: James McAdams Date: March 18, 2008 Bulletin: PTO 08-02 FLORIDA DEPARTMENT OF REVENUE PROPERTY TAX INFORMATIONAL BULLETIN [NOTE:
More informationCitizens Guide Town of Yarmouth Reassessment Program reassessment
Citizens Guide Town of Yarmouth Reassessment Program - 2017 reassessment 1 P a g e town manager s message A townwide reassessment of all real properties located in the Town of Yarmouth will occur for tax
More informationREAL ESTATE MARKET AND YOUR TAX
REAL ESTATE MARKET AND YOUR TAX ASSESSMENT All of us Island property owners received our tax assessment notices from the County recently. As real estate agents we have been fielding many questions about
More informationHOT TOPICS IN REAL ESTATE UNIVERSITY SYSTEM OF GEORGIA F.O.C. 2011
HOT TOPICS IN REAL ESTATE UNIVERSITY SYSTEM OF GEORGIA F.O.C. 2011 P R E S E N T E D B Y J O S E P H J. F U C I L E, J. D., A I C P D I R E C T O R O F R E A L E S T A T E S E R V I C E S What s HOT? Establishing
More informationMarch 20, TO: All MAAO Members FROM: MAAO President Stephen C. Behrenbrinker, CAE, RE: MAAO-DOR Foreclosure Advisory Document
March 20, 2008 TO: All MAAO Members FROM: MAAO President Stephen C. Behrenbrinker, CAE, RE: MAAO-DOR Foreclosure Advisory Document Greetings! On behalf of the Minnesota Association of Assessing Officers
More informationLindaWright SERVING TAMPA FAMILIES SINCE Preparing for a Successful Home Sale
LindaWright SERVING TAMPA FAMILIES SINCE 2007 Preparing for a Successful Home Sale Welcome, I realize that you have a choice when hiring an agent to help you sell your Home and truly appreciate the opportunity
More informationHome Selling Made Simple
Home Selling Made Simple Table of Contents Introduction...4 Determining Your Asking Price...5 Should You Sell Solo?...6 Tips On Advertising Your Home For Sale...8 Building Rapport With Homebuyers...10
More informationEssential Skills Wales Essential Application of Number Skills (EAoNS) Level 3 Controlled Task Candidate Pack
Essential Skills Wales Essential Application of Number Skills (EAoNS) Level 3 Controlled Task Candidate Pack Investigating Accommodation Options Sample 1 Candidate name: Candidate number: Date registered
More informationOne In A Million: Everything You Need To Know To Find The Best Realtor By Erik Brown
One In A Million: Everything You Need To Know To Find The Best Realtor By Erik Brown Check the the Book'' One in a Million. real estate service today: how to great agent and why you want them long Apply
More informationSales Ratio: Alternative Calculation Methods
For Discussion: Summary of proposals to amend State Board of Equalization sales ratio calculations June 3, 2010 One of the primary purposes of the sales ratio study is to measure how well assessors track
More informationYork County 2015 Reassessment Program. York County Assessor s Office 18 W. Liberty St York SC fax
York County 2015 Reassessment Program York County Assessor s Office 18 W. Liberty St York SC 29745 803-684-8526 803-628-3936 fax Re-Assessment The Reassessment Program Act 208: Act 208, as passed by the
More informationSHARED OWNERSHIP - A BEGINNERS GUIDE
North Wales Housing Ltd Tai Gogledd Cymru Cyf Phone 01492 572727 - Ffôn SHARED OWNERSHIP - A BEGINNERS GUIDE ABOUT THIS BOOKLET Shared ownership helps people who cannot afford to buy a home of their own.
More informationMarket Value Assessment and Administration
Market Value and Administration This technical document is part of a series of draft discussion papers created by Municipal Affairs staff and stakeholders to prepare for the Municipal Government Act Review.
More informationAssessment Year 2016 Assessment Valuations / Mass Appraisal Summary Report
Assessment Year 2016 Assessment Valuations / Mass Appraisal Summary Report Overview Following up on last year s work, additional work was done cleaning up the sales data. The land valuation model was further
More informationMETHODOLOGY GUIDE VALUING MOTELS IN ONTARIO. Valuation Date: January 1, 2016
METHODOLOGY GUIDE VALUING MOTELS IN ONTARIO Valuation Date: January 1, 2016 AUGUST 2016 August 22, 2016 The Municipal Property Assessment Corporation (MPAC) is responsible for accurately assessing and
More informationCHECKLIST. I figure if I give you something of value, you may REMEMBER ME WHEN THE TIME COMES FOR YOU OR YOUR BUYER TO USE MY SERVICES.
CHECKLIST The information in this For Sale By Owner Help Kit is designed to "assure" a quick and successful sale of your home. There is no cost or obligation to you. The recommendations and checklists
More informationLEVEL 3 - UNIT 4 LAND LAW SUGGESTED ANSWERS - JANUARY 2015
Note to Candidates and Tutors: LEVEL 3 - UNIT 4 LAND LAW SUGGESTED ANSWERS - JANUARY 2015 The purpose of the suggested answers is to provide students and tutors with guidance as to the key points students
More informationHouse Party Planning Kit
Party to End Hunger in India House Party Planning Kit House parties are a great way to educate friends and family, recruit new supporters, generate action, and raise funds for Akshaya Patra s work. This
More informationThe Asset Holding Trust Guidebook
The Asset Holding Trust Guidebook Copyright 2017, Breglio Law Office, LLC Breglio Law Office 234 E 2100 South Salt Lake City, UT 84115 (801) 560-2180 admin@bregliolaw.com Thanks for taking some time to
More informationExpunging an Eviction Case
Fact Sheet Expunging an Eviction Case What does expungement mean? Expungement means removing the record of a court case from the public view. If your eviction court case is expunged, then someone searching
More informationReal Estate: Sellers Just the FAQs
From the Real Estate Practice Group Should I use a broker? A real estate broker is trained to list and sell real estate. Most brokers know a lot about how to make a property more desirable to a wider pool
More information