Buying A Home
Dear Community,
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
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Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Another question for those who bought foreclosures
We met with our mortgage broker this morning and one thing he mentioned to us about foreclosures is that it can happen that, say you pay $400,000 for a house, it ends up being appraised at $600,000 so your property taxes end up being quite a bit higher than you first expected.
I'm wondering if this happened to you (or if it's common, our broker had it happen to him) and if there's anyway to avoid that surprise?
Re: Another question for those who bought foreclosures
No, but in my state the tax office does it's own assessment, it's not dependent on the appraisal. Don't know how it works where you are.
In that case, then you would just file a property tax complaint and show your recent purchase price and they would adjust your taxes.
This, but it's easier said than done.
My Valentine Bookends (2~13~13, 2~15~09)
Tax assessments aren't usually connected to bank appraisals, at least in my area. We did have higher property taxes when we bought the house, though because the house hadn't been assessed since '07 and the house was worth way more then than it was in '09 when we bought. The town reassessed in 2010, though, and our taxes went down a little.
PLEASE STOP SPAMMING THE BOARDS