|
Manager Hoyden posted:Yeah but that means nothing to the people actually living in the area and not treating their home as an investment vehicle. Oh great I can get a slightly larger heloc woohoo. Up their exception if a bunch of parasites move to town. I mean it doesn’t matter how they feel about whether their house went up in value does it
|
#
?
Nov 30, 2022 23:36
|
|
|
|
| # ? Jun 1, 2024 16:23 |
|
|
Badger of Basra posted:I mean it doesn’t matter how they feel about whether their house went up in value does it right. if a bunch of people with a bunch of money move to an area (let's say travis county, for instance!) it's a good idea to accurately reflect market value in the appraisal. if they plopped down 700k for a shoddy piece of poo poo in pilot knob, accurately appraising that actually helps the relative tax burden of people with a homestead cap. having newcomers pay $20k/year in property taxes also encourages them get the gently caress out faster when the economy hits a speedbump
|
|
#
?
Nov 30, 2022 23:39
|
|
|
Badger of Basra posted:I mean it doesn’t matter how they feel about whether their house went up in value does it It does if they are priced out of their home simply because people richer than themselves moved (or speculated) within the same imaginary lines edit: and to be clear I never said their home shouldn't be appraised higher. I'm just saying that the homestead exemption needs to be tied to housing inflation, no matter the cause
|
|
#
?
Nov 30, 2022 23:40
|
|
|
People fail to understand the difference between liquidity and net worth and end up losing tons of bucks about it. Lots of retirees these days are broke, sitting on a million dollar house they refuse to sell, and are learning relatively quickly that it turns out housing is a terrible place to store value. The fact that housing prices are high as poo poo and only increasing does nothing to change their behavior because, again, housing is a terrible place to store value. It loving sucks to leave your house, why put all of your net worth into it? How did they expect to extract value from it? HELOCs/"""reverse mortgages""" are extremely predatory, how are people so loving stupid jokes fucked around with this message at 23:45 on Nov 30, 2022 |
|
#
?
Nov 30, 2022 23:42
|
|
|
Manager Hoyden posted:It does if they are priced out of their home simply because people richer than themselves moved (or speculated) within the same imaginary lines ideally the homestead exemption would be tied to market value + a sliding scale based on sqft to encourage density
|
|
#
?
Nov 30, 2022 23:43
|
|
|
I still don’t understand what “property taxes are assessed based on an average” means
|
|
#
?
Nov 30, 2022 23:44
|
|
|
Property taxes are assessed based on property values which are assessed based on, among other things, an index informed in part by other home prices nearby. It's not an average per se, but it isn't like each assessment is done in a complete vacuum. If every home around you doubles in price, yours is probably a lot more expensive too which increases your property taxes when they reassess your property.
|
|
#
?
Nov 30, 2022 23:47
|
|
|
and even then, the district won't compare unlike houses. if you're a 3/2 vinyl house right next to a 5/4 stone house by a higher-quality manufacturer, even though you're next door, the district won't use them as comparable properties lots of people representing themselves used "but look at my neighbor's lovely house, mine should be the same value because of its 'neighborhood character'" as their evidence, but the district will have a list of 10-20 comparables based on sqft, lot size and build quality that could be several miles apart
|
|
#
?
Nov 30, 2022 23:50
|
|
|
Yeah you have to find similar properties, but even then it's a big bowl of WHATEVS. The first year I did my own protest they kept it mostly the same ($250k to $254k) because I had a good amount of evidence about similarly-sized/situated/built properties, but after the pandemic started it's more or less "whatever we say it is."
|
|
#
?
Dec 1, 2022 00:27
|
|
|
the year we bought our house, the property tax assessment came back at like 50k more than we actually paid for it. im sure that was the easiest challenge the people we hired had to do that year lol
|
|
#
?
Dec 1, 2022 00:33
|
|
|
lobster shirt posted:the year we bought our house, the property tax assessment came back at like 50k more than we actually paid for it. im sure that was the easiest challenge the people we hired had to do that year lol in the past, districts would accept purchase price as an accurate reflection of value, even if you bought in jan 2021 for your 2022 valuation. for the first time ever iirc, travis county switched to a time-adjusted model of between 2-3% per month for a jan 1 evaluation. if prices were up up up forever, this would kinda make sense but i like i said earlier the peak of the market was several months before jan 1. the panels, however, were beholden to no such rule so in general we honored the purchase price if an open-market sale, no matter the 2021 sale date. however, if it wasn't open-market, i.e. a realtor bought it from another realtor, or, crucially, a new-build neighborhood where the buyer plunked down money in 2019 or 2020, panels would be much more likely to accept the district's time-adjusted estimate
|
|
#
?
Dec 1, 2022 00:44
|
|
|
getting homeowners to admit when they actually signed the contract for a new-build house was like pulling teeth
|
|
#
?
Dec 1, 2022 00:45
|
|
|
i say swears online posted:in the past, districts would accept purchase price as an accurate reflection of value, even if you bought in jan 2021 for your 2022 valuation. for the first time ever iirc, travis county switched to a time-adjusted model of between 2-3% per month for a jan 1 evaluation. if prices were up up up forever, this would kinda make sense but i like i said earlier the peak of the market was several months before jan 1. the panels, however, were beholden to no such rule so in general we honored the purchase price if an open-market sale, no matter the 2021 sale date. however, if it wasn't open-market, i.e. a realtor bought it from another realtor, or, crucially, a new-build neighborhood where the buyer plunked down money in 2019 or 2020, panels would be much more likely to accept the district's time-adjusted estimate Wait....do you WORK for an AD? Get a rope.
|
|
#
?
Dec 1, 2022 01:06
|
|
|
i've been appointed by a judge to mediate between the appraisal district and homeowners or their agents in settling on appropriate value. it's who you see when you protest and reject the district's initial offer. i swear people in, take testimony both oral and written and come to a judgement with two other panel members in a vote at the close. the three of us literally name a $ value and read it into the record; either the district's number, the property owner's, or something of our own calculation. for instance consider a homeowner who had major 2021 freeze damage and have contractor estimates that can be used to lower determined value, but a couple of those estimates don't list the contractor company and just look like a homegroan xls; the panel would possibly accept some of the estimates but not all it's a mini civil courtroom under threat of perjury and all that. they can get pretty heated; i go through two metal detectors staffed with travis county police every morning that there are hearings. i'm one of the younger panel members, average age is probably 65-70 i say oaths online
|
|
#
?
Dec 1, 2022 01:16
|
|
|
i think it's the ALAB podcast that mentioned this, but a civil court judge's real job is "to figure out who the rear end in a top hat is and make them lose". i cannot say that this is a valid mode of jurisprudence, but i will also just stop talking here
|
|
#
?
Dec 1, 2022 01:37
|
|
|
What happens when everyone is an rear end in a top hat?
|
|
#
?
Dec 1, 2022 04:59
|
|
|
Dameius posted:What happens when everyone is an rear end in a top hat? Welcome to Dallas.
|
|
#
?
Dec 1, 2022 05:06
|
|
|
Still better than my experiences with the family law docket in Travis county. It's all either dad's rights associate judges looking to get back to loving off or literal wild eyed psychos.
|
|
#
?
Dec 1, 2022 05:10
|
|
|
Dameius posted:What happens when everyone is an rear end in a top hat?  e: gently caress
|
|
#
?
Dec 1, 2022 05:30
|
|
|
All I know is that I got a nice letter from the assessment protest company saying they couldn't do poo poo
|
|
#
?
Dec 1, 2022 07:12
|
|
|
https://twitter.com/zillowgonewild/status/1597651889025273856 You guys wanna move into the jack off house
|
|
#
?
Dec 1, 2022 15:26
|
|
|
Badger of Basra posted:
Corbusier does Cairo?
|
|
#
?
Dec 1, 2022 15:41
|
|
|
zoux posted:https://twitter.com/zillowgonewild/status/1597651889025273856 Depends. Is my assessment based on the average jerk off experience?
|
|
#
?
Dec 1, 2022 15:43
|
|
|
zoux posted:https://twitter.com/zillowgonewild/status/1597651889025273856 Can you imagine the appraisal?
|
|
#
?
Dec 1, 2022 15:55
|
|
|
drat jerkoff house is gonna make my taxes go through the roof
|
|
#
?
Dec 1, 2022 16:19
|
|
|
Manager Hoyden posted:drat jerkoff house is gonna make my taxes go through the roof it only stays up for a while
|
|
#
?
Dec 1, 2022 16:42
|
|
|
If it stays up for too long call a doctor
|
|
#
?
Dec 1, 2022 16:49
|
|
|
I hear your taxes will be better if you eat pineapple before filing.
|
|
#
?
Dec 1, 2022 17:06
|
|
|
Cum and take it
|
|
#
?
Dec 1, 2022 17:09
|
|
|
I just bought that house, and BOY are my arms tired!
|
|
#
?
Dec 1, 2022 17:57
|
|
|
That's what a mortgage is for man, let the bank jerk him around.
|
|
#
?
Dec 1, 2022 18:02
|
|
|
Realtor: buddy, they won’t even let ME jerk off in it!
|
|
#
?
Dec 1, 2022 18:03
|
|
|
zoux posted:Cum and take it lol now we're talkin'
|
|
#
?
Dec 1, 2022 18:04
|
|
|
zoux posted:Cum and take it Lol
|
|
#
?
Dec 1, 2022 18:16
|
|
|
I hope the buyers splooged on some upgraded appliances
|
|
#
?
Dec 1, 2022 18:25
|
|
|
i say swears online posted:I hope the buyers splooged on some upgraded appliances  I think you mean "splurged".
|
|
#
?
Dec 1, 2022 18:27
|
|
|
INvoking the Alex Jones Broadcasts From Texas rule to try and wrench us from this dark path I set us upon. https://twitter.com/willsommer/status/1598366127373094920 https://twitter.com/willsommer/status/1598368819092889600
|
|
#
?
Dec 1, 2022 18:31
|
|
|
|
|
#
?
Dec 1, 2022 18:37
|
|
|
Me? I don't like Hitler.
|
|
#
?
Dec 1, 2022 18:38
|
|
|
|
| # ? Jun 1, 2024 16:23 |
|
|
Controversial, zoux. Get ready to get canceled, BITCH
|
|
#
?
Dec 1, 2022 18:41
|
|