Hi Nancy,
Taxes are reassessed each year in Sept for that tax year. The reassessments generally are based on the sales in a particular area and/or the subject property. Taxes in 2009 came down substantially from 2008.
I can usually give you an educated estimate on future taxes. Orange County properties which are Orlando, actually estimate future taxes based on a projected purchase price.
Let me know if I can provide additional info or future real estate information. Reunion is a very volatile market, prices have declined precipitiously, do your homework and fully understand what you are purchasing.
Sincerely,
Marty Kaiser
407-595-9700
marty@floridasells.com
Keller Williams - Yesterday, 07:09