People in Taylorsville...

[TroutBum]

This news is ****. I already can't sell my house to move out of Taylorsville now this will just make it more difficult.

Come to the meeting, Greg. There will be a slotted time for residents to stand up and voice their concerns. As it stands now, two out of the five city council members are against this tax hike, with one on the fence. A good showing from the community will likely sway the vote.

 

[Chad Feldheimer]

I certainly don't claim to be an expert; but a properties taxable assessed value and the assessed value of a house related to buying, selling or refinancing it are two separate calculations

I understand. But I was thinking you could lower your 8k tax bill a bit if your property value has declined at all.

 

[candrew]

why thank you - you've been rep'ed.

 

[Jazz Spazz]

Those types of entitlement attitudes have nothing to do with Mormons or Utahrans. Most Americans feel like that. As if something is owed to them.

This has been my experience as well. It seems to be the whole country more than specific groups of people.

 

[franklin]

Congratulations to Thriller and Marcus for ruining a perfectly good thread. Thank you both.

 

[TroutBum]

But seriously, I hope to see some of you at the meeting.

 

[VINYLONE]

David, what is the current rate set at?

 

[Gyp Rosetti]

The home values in my area have remained pretty much the same through the market crash. I might have taken a 5-10% hit, I really don't know because I'm not looking to sell.

If you have good credit, live in a nice area and in a place with relatively stable home values, you can refinance without an appraisal - I forget the technical term but they do a "drive-by" and as long as your house looks in good shape they'll use a Comparative Market Analysis to value your home (which is free).

At the end of the day, it was all about them doing what they had to in order to retain my business. Appraisals are the only up-front cost for refinancing (about 400-450 bucks). Everything else is absorbed in the closing costs. If you're looking to play by the book, use the going fixed rate/term and with the new rules regarding refinancing mortgage companies have to get creative to get them to go with you as opposed to someone else.

Where do you live? I thought it was Cranford or SP for some reason?

 

[candrew]

Cranford

 

[TroutBum]

David, what is the current rate set at?

Right now the tax rate is 6.98%, which isn't bad. In short, the city is asking for approx $50.00 a year, which in retrospect, is nothing. However, when you look at the following:

As of 2010, Taylorsville's population is 57,073 people. Since 2000, it has had a population growth of -0.65 percent.

The median home cost in Taylorsville is $189,090. Home appreciation the last year has been -1.39 percent.

Taylorsville public schools spend $3,454 per student. The average school expenditure in the U.S. is $5,678.

The unemployment rate in Taylorsville is 6.30 percent. Recent job growth is Negative. Taylorsville jobs have Decreased by 4.79 percent.

All of a sudden a tax hike doesn't seem like such a good idea. On top of that, all you have to do is drive around the city and see the absurd amount of businesses that are empty/for lease. This tax hike is supposed to be for 'economic development', or to 'give incentives' to businesses to come into the city. In my opinion, Mr. Keith Snarr ($102,000.00) and his personal assistant ($32,000.00) are doing a piss poor job and aren't worth the money that the tax payers (me) are paying them.

 

[Gyp Rosetti]

...and aren't worth the money that the tax payers (me) are paying them.

I know you're a fatass but to pluralize yourself for effect...interesting technique...

 

[VINYLONE]

Right now the tax rate is 6.98%, which isn't bad. In short, the city is asking for approx $50.00 a year, which in retrospect, is nothing. However, when you look at the following:

All of a sudden a tax hike doesn't seem like such a good idea. On top of that, all you have to do is drive around the city and see the absurd amount of businesses that are empty/for lease. This tax hike is supposed to be for 'economic development', or to 'give incentives' to businesses to come into the city. In my opinion, Mr. Keith Snarr ($102,000.00) and his personal assistant ($32,000.00) are doing a piss poor job and aren't worth the money that the tax payers (me) are paying them.

Looks like the city has lost a **** load of revenue and is trying to make it up now. It's the same story across the nation.

I know you're a fatass but to pluralize yourself for effect...interesting technique...

Ouch.