Friday

This Just In: Homes Are Selling Fast














I love stats. And maps.

I took a snapshot of the past 12 months or so, and the homes listed on the map in yellow are ones that I sold. The ones listed in red are homes I have listed for sale right now.

You can put away your calculator. That is ONE active home on the market!

No, I didn't retire. Homes are selling fast. Real fast.

But here's the thing. Buyers who are ready (pre-approved, knowledgeable about the process, etc ..) are getting these homes. The market is good for the informed. It's really stressful for those "winging it".

My point being, don't wing it. Find a Realtor you like. It would also help if you trusted them :-)

There are about to be a number of red dots on that map.

  - Anyone interested in a Dillsburg home with a horse pasture for in the 250k range?

 - How about living in the super-hot Carlisle market for under 150k?

 - CV School District w/ a fenced yard for under 200k?

Snooze, you lose!

Is My Home Assessed Properly For Tax Purposes?














Is My Home Assessed Properly For Tax Purposes?

That is a question I hear quite a bit. Understandably so.

Depending on where you live, property taxes might be a big deal

Here in Central PA, part of the taxes a homeowner pays (property tax) goes to the local government and part of it goes to the school district.

There has been talk about reducing or eliminating school tax from the burden of homeowners.  There are strong arguments for AND against that idea. I won't get into that here. Let's talk about your tax assessment value.

For now, we pay taxes on property we own. The amount we pay is based on the assessed value of the home. Where I live (York County) it is the Department of Assessment that determines the assessed value. Every county is different, so check with your local government for details. Or call me and I'll find out for you!

Back to the original question: What if you disagree with their value? 

For those of you living in York County, you would need to file an appeal. You have to use their official form and provide proof showing why the current assessment is wrong. The information on doing that is on the York County website.

It's a fine line. When selling your home, you may want the assessed value to be as much as possible. For tax purposes, most people would rather that number be lower.

I would suggest that before filing an appeal or calling an appraiser, call a Realtor. They don't all do this service, but I will for my clients. I can give you my opinion of the fair market value. Maybe your home is worth MORE than you think. It happens, and that isn't necessarily a bad thing :-)