Have you experienced “Tax Shock”? Chances are, if you have purchased a home in 2005 or 2006 you have, or you are about to experience this syndrome.
People ask me each day about how real estate taxes are computed in Leon County. This is a new link explaining the current system, and the “Tax Shock” that owners of new home have experienced after the adjusted market value of their homes following their purchase.
A most important consideration…. When you are considering the sale, or purchase of a new home,.. Use a REALTOR! We've got your back in estimating all closing costs, but especially utilizing the property appraiser’s “Tax Estimator” to calculate your new home taxes! Without these correct figures, you could be facing hundreds of dollars in increase from date of purchase to the following year’s tax assessment!
Click on the following link for a first hand explanation. I hope it helps. http://switchboard.real.com/player/email.html?PV=6.0.12&&title=taxshock&link=http%3A%2F%2Fwww.leonpa.org%2FDownload%2Ftaxshock.wmv
Later, under “The Tax Debacle Continues,..”, I will catch you up on the current tax proposals on the table for consideration and vote within our legislature.
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