Submitted by asianautica on April 21, 2008 – 10:14am.
I also realize that higher rates keep home prices low and you have the added bonus of lower property taxes.
I don’t know if you’ve read one of the post about this a few weeks back, but property tax will be what the last owner paid if that was higher, until you get them to reassessed. So the property tax argument is moot.
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For those keeping score, based on the info from the Tax assessors office above, I guess that makes AN’s point moot. Therefore the previously moot point of “added bonus of lower property taxes” is now un-moot (i.e. valid).
