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Originally Posted by JET
Aren't they doing the assessment over a period of time? Usually they add it to your taxes over a 10 year span or so, then it only ends up being a few hundo a year.
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i could do that, but in the long run it would cost me alot more. that, and i dont plan on staying there for more than a few years. unlike the previous owner (bitch), id have to inform the new buyer of the assessment thats rolled into the taxes. so if it two units were up for sale, mine and someone elses, thats a selling point for me. who knows what the market is going to do, but the more selling points i have the better.
Quote:
Originally Posted by Halon
Pretty sure the seller is legally required to inform you of any assessments taking place. My mom just went through this because she was selling her house, and was legally required to inform the pending buyers that the city was "thinking" about repaving the road, and if it goes through it'll cost X amount of dollars. You should contact your realitor.
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i sent him an email last night, and i started looking through all of my closing documents to see if there are any notes anywhere stating something about, like you said, "thinking" or a pending assessment in the works.
Quote:
Originally Posted by DSM_421
Since we were on a corner lot, he had to pay for both roads, was super rediculous. Ended up costing him about 10 grand.
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ouch!
well wish me luck. im going to do my best to get out of this thing. the galant is begging for jdm goodies.