This is the place to view the past and present contests put on by ActiveRain and its members. Everyone can join the
group and help encourage each other. Current contest will be highlighted posts so it's easy for you all to see. Let it
Curious as to what others in your profession think about a certain product or tool?
AR's community takes the time to leave honest and transparent reviews of their experiences
so you can be a bit wiser about your purchase.
Broken down by categories and subcategories for easy finds
Get an unfiltered look at what real users are saying
Leave a review yourself for others to benefit from
Add new products as you use them and gain points for doing so
ActiveRain University (ARU) provides free on-line training. We coach, consult and support real estate professionals about real estate trends, technology and social media.
ARU Calendar provides class types and registration links
Watch short tutorials on updating your photo, inserting a hyperlink and much more
Sign up for the Daily Drop so you don't miss out on AR's daily happenings
Find answers to most FAQ's
Whatever it is you're into and wherever you are, AR surely has a group for you to join.
Brand, off the wall, specific subject matters…whatever it is you're looking for.
Each time you write a post you can syndicate your post to 5 groups.
And if by chance you don't find what you're looking for, start a new group today!
Get your content in front of more eyes
Search by location or type
Feel free to start your own group
Find some that are close to home and close to heart
Each month AR runs numerous contests as a way for our members to engage in activities
that will boost their business and increase their visibility in the community and beyond.
Earn points by partaking in these contest and climb the leaderboard
Do what's good for you and your business by participating
If you have an idea for a contest, just let us know
Stay motivated and on track with new contests popping up each month
Ask a Real Estate Question
Here's another avenue for you to build relationships with others. Share your expertise with someone searching for answers.
Play the teacher role and help someone out today
Your Homepage will alert you of new questions in your state
A wonderful way to open a door to a possible new client
Ask a question yourself to get help
Find informative stats, trends and insider tips on your state, county, city or neighborhood of choice. The insightful experts of ActiveRain share with you in a way only a local resident can.
This is a challenging year for the Tax assessors office as they are under incredible pressure by homeowners who look for assessed home values to follow market values. In the past assessed valued have typically trailed market values by 10% or so. Today we are seeing the opposite as market values are now below assessment values.
As you may be working with home buyers identifying great opportunities one of the challenges is to properly quote payments and provide accurate expectations. I have seen purchase contracts in the 70k - 80k range with property taxes in the $2,500 - $3,000 range. Typically this home price range would have property taxes in the $900 - $1,200 range. Obviously this is going to impact the payment for the home and going to affect pre approval price ranges. One solution we are providing is to always quote accurate payments based on actual property taxes. On the PCM website we have posted a link on the Home Loan Toolbox page for property taxes across the United States(scroll toward the bottom of the page).
One statement that many buyers are told is that the property taxes should go down in the next year. I understand that this might seem like a realistic expectation but there is no way to guarantee this to the buyer. However recent legislation is empowering homeowners with more options than before. Senate Bill 240 changes this - assessments must now be fair or a property owner can take a professional appraisal straight to an arbitrator and receive a lower, true fair market valuation. Some highlights to the legislation is the following
- The appeal must be filed within 45 days of the mailing - Taxpayer will provide an appraisal dated with 30 days of appeal - Board of Assessors has 30 days to review to accept - if not - Information will go to clerk of superior court and arbitrator will be assigned in 15 days - Arbitrator has 30 days to set appointment and 30 days to render decision - **The Board of Assessors has the burden of proving value - Whichever party loses they shall pay the cost of the arbitration
As you are working with clients this information should help to set the right expectation and provide the most up to information so they can make the proper decision.
Sort of an interesting proposition above as if the county loses the arbitration we all still lose because our tax dollars continue to pay the bill. Hopefully there will not be big issues as the Assessor office is able to deal with the appeals efficiently. In March we sent out an appeal message for homeowners to take action early. I sent in an appeal before the assessments came out and just received my new value. Very pleased with the results and don't need to go further.
There is now way to get out of paying - sure your value may be lowered but the next question is when will your millage rate may go up. Time will tell.