How to Acquire More Residential Income Properties
Tuesday, August 29th, 2006To acquire your second residential income property, follow the following 5 steps:
To acquire your second residential income property, follow the following 5 steps:
If you think the marekt value established for your property is too high:
You can challenge the assessment. Start with the government office that establishes the assessment.
You most likely will have to provide actual sales comparables that show that houses nearly identical to yours sold for less than the vlaue the assessor has given your property.
Alternatively, you can find assessments of houses similar to yours that are lower, and use those as a basis of your complaint. Assessed values are a matter of public record and you should be able to access them.
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