bad news and good news
The bad news is that we just received the assessed value of our home and it's worth $20,000 less than what it was 2 years ago at the time of purchase. The good news is that we're not seeking to sell right now and in the state of Washington we pay taxes on the current value of real property. I'm thinking property taxes for 2010 are looking pretty good right now (if it were possible for taxes to look good, that is)!
Just trying to look on the bright side...
2 comments:
some more good news...properties in CA have dropped by hundreds of thousands! At least you didn't buy a condo in SoCal! ;)
We've been looking at house prices and have been amazed how much they are dropping. I wish we were at a place that we could buy again. Do you ever go to zillow.com? Last night we were looking at it and typed in our old address. It was kind of weird, because there are pictures of the house and you can see our kids through the window! We remember when we were selling it that realtors came by to take pictures for comparison pricing.
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