House Assessment

>> Tuesday, March 3, 2009

I got my house assessment. It is alot lower. The S.E.V. is now 130,000. Which means they think my house is worth about $260,000. Yikes! The S.E.V. was at about 155,000.
The great news is I'll save about $900.00 on taxes this year. But now I don't know what that means for refinancing.

I want to talk to a good friend of mine who owns a mortgage company and get his advice on if I should try to get the assessment lower if I can or not. I know that the housing market is going to come back up in my neighborhood eventually. I live in a great area with a lot of people who are very wealthy (I am at the poorer end of people around here!).

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