Good News! New Property Tax Assessments Are Out!

NEW TAX BILLS RELEASED

Maryland ~ Zone 3 Homes   

The new tax bills will be sent in July, however, the new assessments for Zone 3 for all counties in the state of Maryland are already in place.    

I am available to assist you in calculating the property taxes.  AmericaHomeKey is already using the lower property tax amounts for buyers.  This means your clients may be able to qualify for a larger home.

WHAT THIS MEANS TO YOUR BUYER

    Example of property in Zone 3

Assessed Value 7/2011                              Assessed Value 1/2012

$527,010                                                                      $284,400

Property Taxes 2011                          Expected Property Taxes 7/2012

$7866                                                                                        $4417

$657.16 per month                                                              $368.08

Monthly savings in mortgage payment $289.08

Does not include town and city levys.