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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Property Taxes During Foreclosure Posted by New on June 22, 2010 at 7:57 PM I noticed that during the NOD period, the reported property tax value at country records research is much less than the previous sale price of the property usually, even if the property was purchased after the "peak" in market value. Is this most likely that the owners had the property re assessed as the market value went down, or is it the bank that requested the property tax be lowered since they most often pay the taxes during the NOD period? Or something else? Does this new tax value represent what the bank thinks the property is worth? Thanks for bearing with me on these basic questions. Follow Ups: Re: Property Taxes During Foreclosure Geri 9:30 PM, 06/22/10 (2) Re: Property Taxes During Foreclosure Geri 9:33 PM, 06/22/10 (1) Re: Property Taxes During Foreclosure New 10:36 PM, 06/22/10 (0) Post a Followup: Name : E-Mail : Subject : Comments: : I noticed that during the NOD period, the reported property tax value at country records research is much less than the previous sale price of the property usually, even if the property was purchased after the "peak" in market value. Is this most likely that the owners had the property re assessed as the market value went down, or is it the bank that requested the property tax be lowered since they most often pay the taxes during the NOD period? Or something else? Does this new tax value represent what the bank thinks the property is worth? Thanks for bearing with me on these basic questions. [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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