Winnipesaukee Forum - View Single Post

fatlazyless · 03-25-2007, 09:03 AM

Yes, the mortgage is paid off and I'm the sole owner and my numbers are correct. Your comments about the increase in equity are all well and good, but when the property tax bill is due one has to come up with a cash check. It's not like I can present the tax collector with a wheel barrow of waterfront rocks & soil and some old shingles and explain they represent 1.3% of the assessed value.

Probably, with the property tax assessment increases, a number of Meredith homeowners have this same problem. Hey, misery loves company!

03-25-2007, 09:03 AM	#34
fatlazyless Senior Member Join Date: Apr 2004 Posts: 8,911 Blog Entries: 1 Thanks: 305 Thanked 1,051 Times in 765 Posts	...scratching my head? Yes, the mortgage is paid off and I'm the sole owner and my numbers are correct. Your comments about the increase in equity are all well and good, but when the property tax bill is due one has to come up with a cash check. It's not like I can present the tax collector with a wheel barrow of waterfront rocks & soil and some old shingles and explain they represent 1.3% of the assessed value. Probably, with the property tax assessment increases, a number of Meredith homeowners have this same problem. Hey, misery loves company!