Home › Forums › Financial Markets/Economics › The Tax Assessor Reduced My Assessed Value
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July 5, 2008 at 5:15 PM #233681July 5, 2008 at 7:48 PM #233543CoronitaParticipant
Tuvu, you owe it to your dad not to be an idiot when it comes to his money. Soo, start studying up. I’m sure his opinion will be between rewarding his kid(s) who are responsible versus a subprime-bail-me-out please j6p, it’s a no brainer. So don’t give him any excuses to do otherwise.
There’s nothing wrong with inheritance. It depends on what you do with it. Bill Gates had plenty of family money, but again it’s what you do with it.
July 5, 2008 at 7:48 PM #233669CoronitaParticipantTuvu, you owe it to your dad not to be an idiot when it comes to his money. Soo, start studying up. I’m sure his opinion will be between rewarding his kid(s) who are responsible versus a subprime-bail-me-out please j6p, it’s a no brainer. So don’t give him any excuses to do otherwise.
There’s nothing wrong with inheritance. It depends on what you do with it. Bill Gates had plenty of family money, but again it’s what you do with it.
July 5, 2008 at 7:48 PM #233678CoronitaParticipantTuvu, you owe it to your dad not to be an idiot when it comes to his money. Soo, start studying up. I’m sure his opinion will be between rewarding his kid(s) who are responsible versus a subprime-bail-me-out please j6p, it’s a no brainer. So don’t give him any excuses to do otherwise.
There’s nothing wrong with inheritance. It depends on what you do with it. Bill Gates had plenty of family money, but again it’s what you do with it.
July 5, 2008 at 7:48 PM #233720CoronitaParticipantTuvu, you owe it to your dad not to be an idiot when it comes to his money. Soo, start studying up. I’m sure his opinion will be between rewarding his kid(s) who are responsible versus a subprime-bail-me-out please j6p, it’s a no brainer. So don’t give him any excuses to do otherwise.
There’s nothing wrong with inheritance. It depends on what you do with it. Bill Gates had plenty of family money, but again it’s what you do with it.
July 5, 2008 at 7:48 PM #233731CoronitaParticipantTuvu, you owe it to your dad not to be an idiot when it comes to his money. Soo, start studying up. I’m sure his opinion will be between rewarding his kid(s) who are responsible versus a subprime-bail-me-out please j6p, it’s a no brainer. So don’t give him any excuses to do otherwise.
There’s nothing wrong with inheritance. It depends on what you do with it. Bill Gates had plenty of family money, but again it’s what you do with it.
July 5, 2008 at 9:45 PM #233567LOVESSDParticipantHi, New here, but just to reply that we got a letter in the mail Thursday that our SD home assessment was lowered by about 100K. It went from being assessed at $423K to $320K.
We did not submit any papers either.
I wanted to, but I missed their deadline, due to taking care of my Mom, who has Alzheimer’s.
Anyways, I am estimating that we will owe $1600.00 for each installment down from $2200.00.
We bought in Spring of 2004.
July 5, 2008 at 9:45 PM #233694LOVESSDParticipantHi, New here, but just to reply that we got a letter in the mail Thursday that our SD home assessment was lowered by about 100K. It went from being assessed at $423K to $320K.
We did not submit any papers either.
I wanted to, but I missed their deadline, due to taking care of my Mom, who has Alzheimer’s.
Anyways, I am estimating that we will owe $1600.00 for each installment down from $2200.00.
We bought in Spring of 2004.
July 5, 2008 at 9:45 PM #233703LOVESSDParticipantHi, New here, but just to reply that we got a letter in the mail Thursday that our SD home assessment was lowered by about 100K. It went from being assessed at $423K to $320K.
We did not submit any papers either.
I wanted to, but I missed their deadline, due to taking care of my Mom, who has Alzheimer’s.
Anyways, I am estimating that we will owe $1600.00 for each installment down from $2200.00.
We bought in Spring of 2004.
July 5, 2008 at 9:45 PM #233745LOVESSDParticipantHi, New here, but just to reply that we got a letter in the mail Thursday that our SD home assessment was lowered by about 100K. It went from being assessed at $423K to $320K.
We did not submit any papers either.
I wanted to, but I missed their deadline, due to taking care of my Mom, who has Alzheimer’s.
Anyways, I am estimating that we will owe $1600.00 for each installment down from $2200.00.
We bought in Spring of 2004.
July 5, 2008 at 9:45 PM #233756LOVESSDParticipantHi, New here, but just to reply that we got a letter in the mail Thursday that our SD home assessment was lowered by about 100K. It went from being assessed at $423K to $320K.
We did not submit any papers either.
I wanted to, but I missed their deadline, due to taking care of my Mom, who has Alzheimer’s.
Anyways, I am estimating that we will owe $1600.00 for each installment down from $2200.00.
We bought in Spring of 2004.
July 6, 2008 at 6:02 AM #233692TuVuParticipantFLU–
Whatever I inherit is going into a relatively safe retirement vehicle. We are in our early 50s and have to worry about retirement now. Social Security ain’t gonna cut it, and I feel sorry for people younger than we are who probably won’t get any at all. We are not as financially astute as my dad, although we did save up enough for a 10 percent down payment on our first house in 1986/87 (can’t remember!) but had to pay PMI for the first few years. Also, we saved enough in a 529 plan to finance our kid’s college education for the first two years (private college).
More about my dad: He worked hard at crappy jobs(eventually got his PhD) and bought two railroad cards full of…onions! Somehow, that garnered him cash and he started buying and selling (not as a realtor) houses and such in Chicago. When he and my mom came to San Diego, same thing. Ironically, both of them voted no on Prop 13 because they were educators and feared it would hurt the schools.
Oh, and welcome LOVESSD. Glad to hear about your reassessment.
July 6, 2008 at 6:02 AM #233821TuVuParticipantFLU–
Whatever I inherit is going into a relatively safe retirement vehicle. We are in our early 50s and have to worry about retirement now. Social Security ain’t gonna cut it, and I feel sorry for people younger than we are who probably won’t get any at all. We are not as financially astute as my dad, although we did save up enough for a 10 percent down payment on our first house in 1986/87 (can’t remember!) but had to pay PMI for the first few years. Also, we saved enough in a 529 plan to finance our kid’s college education for the first two years (private college).
More about my dad: He worked hard at crappy jobs(eventually got his PhD) and bought two railroad cards full of…onions! Somehow, that garnered him cash and he started buying and selling (not as a realtor) houses and such in Chicago. When he and my mom came to San Diego, same thing. Ironically, both of them voted no on Prop 13 because they were educators and feared it would hurt the schools.
Oh, and welcome LOVESSD. Glad to hear about your reassessment.
July 6, 2008 at 6:02 AM #233828TuVuParticipantFLU–
Whatever I inherit is going into a relatively safe retirement vehicle. We are in our early 50s and have to worry about retirement now. Social Security ain’t gonna cut it, and I feel sorry for people younger than we are who probably won’t get any at all. We are not as financially astute as my dad, although we did save up enough for a 10 percent down payment on our first house in 1986/87 (can’t remember!) but had to pay PMI for the first few years. Also, we saved enough in a 529 plan to finance our kid’s college education for the first two years (private college).
More about my dad: He worked hard at crappy jobs(eventually got his PhD) and bought two railroad cards full of…onions! Somehow, that garnered him cash and he started buying and selling (not as a realtor) houses and such in Chicago. When he and my mom came to San Diego, same thing. Ironically, both of them voted no on Prop 13 because they were educators and feared it would hurt the schools.
Oh, and welcome LOVESSD. Glad to hear about your reassessment.
July 6, 2008 at 6:02 AM #233870TuVuParticipantFLU–
Whatever I inherit is going into a relatively safe retirement vehicle. We are in our early 50s and have to worry about retirement now. Social Security ain’t gonna cut it, and I feel sorry for people younger than we are who probably won’t get any at all. We are not as financially astute as my dad, although we did save up enough for a 10 percent down payment on our first house in 1986/87 (can’t remember!) but had to pay PMI for the first few years. Also, we saved enough in a 529 plan to finance our kid’s college education for the first two years (private college).
More about my dad: He worked hard at crappy jobs(eventually got his PhD) and bought two railroad cards full of…onions! Somehow, that garnered him cash and he started buying and selling (not as a realtor) houses and such in Chicago. When he and my mom came to San Diego, same thing. Ironically, both of them voted no on Prop 13 because they were educators and feared it would hurt the schools.
Oh, and welcome LOVESSD. Glad to hear about your reassessment.
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