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fatlazyless · 02-22-2008, 07:41 PM

This is all very interesting. I wonder what is the local home value price trigger that requires a town to undergo a reassessment, as town-wide reassessments are expensive? Like costing a town maybe $350,000 for it to hire Vision appraisal, or a similar assessment company?

If today's market says it is worth 225, then the smart seller should go window shop Washington Mutual, up by the Meredith roundabout, for an easy 325 refi. Isn't that how it works?

02-22-2008, 07:41 PM	#2
fatlazyless Senior Member Join Date: Apr 2004 Posts: 8,786 Blog Entries: 1 Thanks: 300 Thanked 1,022 Times in 744 Posts	This is all very interesting. I wonder what is the local home value price trigger that requires a town to undergo a reassessment, as town-wide reassessments are expensive? Like costing a town maybe $350,000 for it to hire Vision appraisal, or a similar assessment company? If today's market says it is worth 225, then the smart seller should go window shop Washington Mutual, up by the Meredith roundabout, for an easy 325 refi. Isn't that how it works? __________________ ... down and out, liv'n that Walmart side of the lake! Last edited by fatlazyless; 02-22-2008 at 08:19 PM.