“Location, Location, Location!” Everyone knows this is the most important consideration affecting value in real estate. But there is even more to it than that. The most basic principle for understanding and evaluating all real estate is this: All Real Estate is Local. It is very, very local, right down to the individual property.
Will my property taxes drop if I buy a house below market value?
This year many people are asking how their property taxes can go up when the real market value of their homes is going down.