Home
Berkeley Homes
Ira & Carol Serkes
Pacific Union RE
Berkeley, CA USA
800-887-6668

ira@berkeleyhomes.com

Buyer/Seller Form
Site Map
 HOMES   NEIGHBORHOODS   COMMUNITY   SELLERS   BUYERS   LOANS   RELOCATION   About Us

Monday, February 11, 2008

The assessed value on the tax records is only $276,000!

The assessed value on the tax records is only $276,000!

How come the sellers are asking so much more money for it?

That's because the assessed value is based on the purchase price plus the annual increases allowed by Prop 13. That means that there's no relationship between the assessed value and current market value!

Another Berkeley real estate tip for you!

Labels: , ,

1 Comments:

At 7:15 AM, Anonymous Anonymous said...

Haven't we all have done that on our first home open the tax bill and say there wrong.

Made me chuckle because I did it myself.

 

Post a Comment

<< Home