Apparently BCAD isn't up to speed on interest rates

MouthBQ98

Joined: Aug 31, 2005

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And what they are doing to the real estate market. Valuation up on my place about 70% in one year. But yet, 6-7% interest rates are hammering the market and real market pricing isn't going to support these type of appraisals as the market cools.

My tax protest company is going to score a good payday this year.

stevopike

Joined: Aug 29, 2002

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4:49p, 10/25/22

your appraisal is based on market data as of 1/1/2022 and I think rates were in the mid 3's.

Might have to wait till next year for that particular argument.

tamc93

Joined: Jul 25, 2013

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In reply to stevopike • 11:50p, 10/26/22

stevopike said:
your appraisal is based on market data as of 1/1/2022 and I think rates were in the mid 3's.

Might have to wait till next year for that particular argument.

Correct answer - EOT

MouthBQ98

Joined: Aug 31, 2005

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In reply to tamc93 • 3:16p, 10/28/22

Yeah, forgot it lags a year. Well, doesn't stop the protesters from trying. They get paid if they cut my bill.

tamc93

Joined: Jul 25, 2013

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In reply to MouthBQ98 • 3:21p, 10/28/22

I started using one a couple of years ago. They only make their minimum charge of around $175 since it was going up so much. That was worth it to me for an "expert" to fight, but at least they had some success.