Everybody is getting
hit this year.

Don’t succumb to the
misguided thought that
“If you’re paying higher tax rates, you’re
making much more money in equity, and you really cant be b-ing about a little
tax bill. There are people out there who dont have any net worth at all.
Consider yourself lucky.”

The
assessment issue is simply not that simple. There is often no correlation
between assessed
value and
market
value. The assessed value is the value
assessed by the locality. The market value is the price that a ready, willing
and able buyer will pay. And, for further edification, the
appraised value
is the value as stated by the appraiser
(most often for a lender’s purposes.)