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PROPERTY TAX - Must Read
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<blockquote data-quote="Trip McNeely" data-source="post: 205119" data-attributes="member: 728"><p>the last few comments are exactly what i mean. the majority of valuations are set below market value. is it possibly so they have a trump card against complaints? how many complaints does it deter? nobody is going to go in to complain only to have someone point out your assessment is lower than your market value..... is it possible they keep this little nugget under their hat for damage control? just thinking out loud here. so most people feel like they are getting a "deal" or getting away with something. in reality they will just increase mills and get the money out of you anyways. pretty classic bait and switch imho. then you have a budget shortfall from out of control spending and they reserve the right to " bring valuations up to date". how is this a fair system in a market like bismarck or western nd where the propert values were high or over valued? should a person here pay twice as much for the same property than anywhere else because of an inflated market? call it what you want but its a game they play. they know the final number they need from day one. its up to the assessors and commisioners to work out how to get it there.</p></blockquote><p></p>
[QUOTE="Trip McNeely, post: 205119, member: 728"] the last few comments are exactly what i mean. the majority of valuations are set below market value. is it possibly so they have a trump card against complaints? how many complaints does it deter? nobody is going to go in to complain only to have someone point out your assessment is lower than your market value..... is it possible they keep this little nugget under their hat for damage control? just thinking out loud here. so most people feel like they are getting a "deal" or getting away with something. in reality they will just increase mills and get the money out of you anyways. pretty classic bait and switch imho. then you have a budget shortfall from out of control spending and they reserve the right to " bring valuations up to date". how is this a fair system in a market like bismarck or western nd where the propert values were high or over valued? should a person here pay twice as much for the same property than anywhere else because of an inflated market? call it what you want but its a game they play. they know the final number they need from day one. its up to the assessors and commisioners to work out how to get it there. [/QUOTE]
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