View Single Post
Old 02-24-2009, 11:58 AM  
Peaches
Old broad
 
Peaches's Avatar
 
Join Date: Oct 2002
Location: Away
Posts: 13,933
Quote:
Originally Posted by WiredGuy View Post
And what does the city do, do they send over an appraiser or do they only compare local sales within similiar types of houses in your area?
WG
Mine is done by the county, but they didn't come back out - they just went by averages. There was a massive uproar because a very large percentage of the properties went up 200-300% at a time when sale prices were actually going down. We even made the Atlanta news

My subdivision sent out a template to protest and from what I've read around 90% of the county protested. I suspect they did as little real investigating as they could. For instance I have 2 lots next to each other. One is buildable, one is not. But they accessed them at the same price and at an absurd amount. I protested and they lowered the amount but kept them the same as each other when obviously they aren't worth the same.
Peaches is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote