Quote:
Originally Posted by troutman
They should notice soon that the property was very recently transferred, and go towards the sale price for the assessed value. I bought in November and they quickly adjusted after learning the actual price. They did it automatically, but in my case the number went up.
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I've bought a property a few times at prices very different from its assessed values. When I paid over assessment, it got adjusted right away. When I've paid under assessment, it doesn't change.