No Property Tax Cut Proposal On 2010 Ballot (CBS4 Miami)A proposal for a property tax cap will not appear on the Florida 2010 ballot. The Florida Supreme Court refused the citizen initiative to cap property taxes at 1.35 percent of the highest taxable value of a home, business or other real estate. Voters would have been allowed to approve exceptions.
Clients Demanding Greener Real Estate Will Get It, Expert Says (Naples Daily News)The future of real estate development will grow greener as more clients will demand environmentally sound projects, according to an Urban Land Institute expert. âWhether you believe in global warming or not, get over it, because itâs coming and itâs going to shape our world,â said Tom Murphy, former Democratic mayor of Pittsburgh and senior resident fellow ULI/Klingbeil Family chairman for urban ...
Is Real Estate Still A Good Bet? (Daily Record)The real estate industry has struggled since the bubble burst in 2006. The so-called subprime mortgage "meltdown" of 2008 made matters worse, with investment banks, insurance companies, developers and other related businesses feeling the effects of a global economy in crisis.
Real Estate Taxes Duef Or Property Owners (The Toledo Blade)The deadline for Lucas County property owners to pay the first half of their 2008 real estate tax is tomorrow. Because the county treasurerâs office is closed tomorrow, payments sent via mail must be postmarked Monday to avoid penalty and interest, Treasurer Wade Kapszukiewicz said yesterday. The county has roughly 208,000 parcels, and Mr. Kapszukiewicz said his office typically mails about ...
There Are Pros And Cons To Buying Distressed Properties (The Herald-Mail)Buyers want bargains. Some even limit their search to REOs and short-sale listings. REO, or real estate-owned, refers to a property that a mortgage lender acquired through a foreclosure. It's owned by the bank. A short sale refers to a situation where the sellers still own the property but they can't sell for enough to pay off the mortgage(s) and costs of sale.
Property Tax Refund Takes The Scenic Route (Miami Herald)Q. Our appeal for reduction of our 2007 real estate taxes for our building was approved last July 2008. In September, a check for $4,058 was sent to our mortgage holder, Intercredit Bank. They either never received it or lost it.
Taxes Target Homes (Albany Times Union)Albany residential rate up 8 percent; commercial less than 1 percent ALBANY ? City homeowners may be in for a surprise as they open their tax bills this month.In discussing his proposed budget last fall, Mayor Jerry Jennings said the amount to be raised by taxes would rise 4.9 percent. But due to a shift in the property tax burden, homeowners will see an increase of 8 percent while owners of ...
Lower Assessment May Not Cut Taxes In Mountain Lakes (The Citizen Of Morris County)MOUNTAIN LAKES â A reassessment of borough properties to adjust to the falling real estate market dropped the overall value of residential assessments 12 percent, but since the tax rate will increase accordingly, residents may not see any reduction in their tax bills. The borough did a full revaluation of properties three years ago at the peak of the real estate market and has had a substantial ...
Real Estate Weathers Storm (The Mining Journal)MARQUETTE - Despite a bleak national real estate picture, especially in Florida and western states, a recent study shows Marquette market conditions are currently "slow, but steady." "Surprisingly, in the face of (plummeting) residential prices nationwide, in the Marquette area, prices have been quite stable," said Bruce Closser, of the Closser Associates Inc. appraisal firm of Marquette.
