Welcome to Detroit!
Re: Welcome to Detroit!
Originally Posted by TIM
There are alot of lenders that will not lend in Detroit anymore, and the ones that do cut the appraisals 90% of the time.
Re: Welcome to Detroit!
Originally Posted by TIM
There are alot of lenders that will not lend in Detroit anymore, and the ones that do cut the appraisals 90% of the time.
Re: Welcome to Detroit!
Originally Posted by 929ers
90% **** its more then that...apprasials went down 80 percent in oakland county...big equity loss and on top of that fact that the **** suckers arent even entertaining the idea of lowering taxes according to the new appraisals
Re: Welcome to Detroit!
Originally Posted by TIM
Appraisal and s.e.v are two different things, appraisals have nothing to do with taxes.
why should it be though...you wanna tax me 8 mill but yet if my props worth 80% of its value then why do i get taxed on 100% of it....but now your telling me that when i build a house from scratch that they appraise for 300k..after the decrease in property value its only worth 240k but yet i should still be responsible for the 2400 a year even though my house is only "WORTH" 240k. If you ask me its a double ****!ng standard...**** UNCLE SAM and the gay boyfriend he rode in one. aka adam the fat kid with the mohawk
Re: Welcome to Detroit!
As I recall, property taxes are based on the past 5 years appraisals. So, if the property value stays stagnant for 4 years, then booms again, your taxes will be lower than what the property says it should be.
It goes both ways. Right now we're being screwed here in Canton too, but that's the way it is.
Kevin
It goes both ways. Right now we're being screwed here in Canton too, but that's the way it is.
Kevin
Re: Welcome to Detroit!
Originally Posted by 929ers
why should it be though...you wanna tax me 8 mill but yet if my props worth 80% of its value then why do i get taxed on 100% of it....but now your telling me that when i build a house from scratch that they appraise for 300k..after the decrease in property value its only worth 240k but yet i should still be responsible for the 2400 a year even though my house is only "WORTH" 240k. If you ask me its a double ****!ng standard...**** UNCLE SAM and the gay boyfriend he rode in one. aka adam the fat kid with the mohawk 

Re: Welcome to Detroit!
Originally Posted by 929ers
why should it be though...you wanna tax me 8 mill but yet if my props worth 80% of its value then why do i get taxed on 100% of it....but now your telling me that when i build a house from scratch that they appraise for 300k..after the decrease in property value its only worth 240k but yet i should still be responsible for the 2400 a year even though my house is only "WORTH" 240k. If you ask me its a double ****!ng standard...**** UNCLE SAM and the gay boyfriend he rode in one. aka adam the fat kid with the mohawk 

Re: Welcome to Detroit!
Originally Posted by 929ers
why should it be though...you wanna tax me 8 mill but yet if my props worth 80% of its value then why do i get taxed on 100% of it....but now your telling me that when i build a house from scratch that they appraise for 300k..after the decrease in property value its only worth 240k but yet i should still be responsible for the 2400 a year even though my house is only "WORTH" 240k. If you ask me its a double ****!ng standard...**** UNCLE SAM and the gay boyfriend he rode in one. aka adam the fat kid with the mohawk 

Re: Welcome to Detroit!
Originally Posted by TIM
don't take this the wrong way but you have no idea wtf you are talking about. the "winter' tax bill just came out look at your sev value, now ask you next door neibor what his sev value is, guess what you both paying 8 mill, and both your sev is under 100k, in oxford.
and no i dont know what sev is...at least not the abbreviation.
and i do understand that a house is only worth what the bank tells you its worth. its just i think my taxable vaule on my property taxes should be lower since techniclally its not worth as much anymore
Last edited by 929ers; Dec 8, 2006 at 10:36 AM.
Re: Welcome to Detroit!
Originally Posted by 929ers
why should it be though...you wanna tax me 8 mill but yet if my props worth 80% of its value then why do i get taxed on 100% of it....but now your telling me that when i build a house from scratch that they appraise for 300k..after the decrease in property value its only worth 240k but yet i should still be responsible for the 2400 a year even though my house is only "WORTH" 240k. If you ask me its a double ****!ng standard...**** UNCLE SAM and the gay boyfriend he rode in one. aka adam the fat kid with the mohawk 

Re: Welcome to Detroit!
Originally Posted by 919rider
As I recall, property taxes are based on the past 5 years appraisals. So, if the property value stays stagnant for 4 years, then booms again, your taxes will be lower than what the property says it should be.
It goes both ways. Right now we're being screwed here in Canton too, but that's the way it is.
Kevin
It goes both ways. Right now we're being screwed here in Canton too, but that's the way it is.
Kevin
Re: Welcome to Detroit!
Originally Posted by LEASNIT
how in the FUKC did i end up in the middle of this conversation? 

why arent you drinking yet? 








