If your house is now worth less than you paid for it, can you get your property taxes reappraised?
Like many other people in South Florida, I purchaced an investment home 3 years ago for $320,000 Pre construction prices and this house is currently worth much less than that. I have it listed on the market for $180,000 and nobody will even call me. I recently checked craigslist and a few other websites and now there are some people asking less than $150,000.
Tax Appraisel
We all have to try to hang onto these houses as long as we can, maybe until the bank resets our interest rate on our option arm. But in order for us to hang on we will have to keep paying our propery taxes. Last year we paid about $6000 and that is due to this stupid CDD tax that the builder tricked us into it is for all of Waterstone community. Prime Home Builders also stuck us with this one. Its an extra maintenance fee disguised as a tax.
Well I just found out that Dade County has a department called Adjustment Value Board for Property Appraisels. They can be reached at:
305-375-5641
Good luck, I am also pursuing this. Who knows I may get to reduce my taxes down by a few dollars - LOL.
