The 2nd Quarter 2010 Hoboken Condo Sales Results
Categories: For Buyers, For Sellers, Hoboken Condos, Market Analysis
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The June Hoboken Condo Sales Results
Categories: For Buyers, For Sellers, Hoboken Condos, Market Analysis, monthly results
Here is the latest:
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Tax Appeals Anyone?
Categories: For Buyers, For Sellers
About a month ago I posted a little survey asking if anyone had filed a tax appeal and what the result of that appeal was. This is what I learned:
- People were split about 50 / 50 as to doing it themselves versus using an attorney or service. One person used easytaxfix.com
- Almost everyone accepted the offered settlement.
- Reductions were about 15% of assessed value with translated in most cases to a 1 to 2 thousand dollar savings.
Overall, if your taxes seem out of line compared to your neighbors (especially within your own building) it is probably worth the cost and effort. It’s too late for this year but something to keep in mind for next year. If you are planning on selling, it can only help you. If you are a buyer and the taxes on a property you like seem high, ask if the seller’s have ever appealed. If not, maybe you should do so if you buy.
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