Quote:
Originally Posted by red sky
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.
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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.