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taxes Real Estate News Blog; April, 2007 Archive

Property taxes up as house prices fall

By Art C Ryter at 04/30/07 23:41

Details how property taxes are rising despite the current decline in home values. Real estate taxes rise very slowly over time, but are usually reset after a sale or new purchase. Some counties are taking action to prevent over taxation on home values, partly to avoid foreclosures because of tax burden.

Original source: . Property taxes up as house prices fall

Tags: foreclosure help • taxes • avoid foreclosure •
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