November 6th is election day for most places around the country. Like real estate being local elections are intensely local too. Ballots and issues remain important to each state or city and sometimes the issues have impact on homeowners and real estate agents. For example in Texas this year with State Constitutional amendments:
- Prop 3: 10 percent cap on home appraisal hikes
- Prop 5: Property-tax elections in rural towns
- Prop 6: Personal vehicle / business use exemption (agents and pizza delivery drivers pay attention!)
- Prop 8: Home equity loan clarification
Then there's the funny or backwards wording on some ballots. In the city of Dallas for example a proposed toll road south of the city across the Trinity river has a FOR if you are against the proposal and an AGAINST if you are for the proposal. Go figure. Who writes up these things? Certainly not excellent blog writers!
So do your civic duty, study your ballot, carve out some time, and cast your opinion for shaping the world. When you read some of these ballots for your backyard, they really do affect your pocketbook, your house, and your life.
And oh by the way, we're now only one year away from the big one in electing the next leader of the free world. The '08 campaign promises to be very interesting. Stay tuned for the fun.