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Old 01-18-2014, 07:38 AM   #25
Knut
 
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Quote:
Originally Posted by red sky View Post
I closed on my house on June 15th and my assessment came in $12,500 higher than what I paid. Are they suggesting I paid below market value or are they just trying to get more money. I guess in the grand scheme of things it is pretty minor.
Neither.

The market value of your house and the assessed value are different. Your taxes might actually go down with that small of a jump in assessed value.

Your bank would come out and do an assessment for you if you want a more accurate one.
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