Judith Smith

I'm a:	Real Estate Professional
Location:	12508

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how does a realtor list a property in fishkill, ny for 3800 in taxes, and the town assesses @ 5900???

Asked Thu Mar 6 2008, 15:39 by Catrina Dime… - 12524 - Market Conditions - 3 answers

Judith Smith answered:

I just wanted to make the point that a reassessment was completed about a year ago in Dutchess County which included Fishkill. The reassessment was done at the very height of local property values. Almost instantly after the reassessment, prices started to tank, so this May, just about everyone should "grieve" their tax bill. Unfortunately, it won't do any good for taxes already assessed (it's the law, they don't have to reimburse you for taxes paid, and they don't have to ammend current tax bills).

So homebuyers be aware, tax numbers can difficult to nail down at present, and impossible to predict if the assessed value is currently significantly higher than the actual sale price. - Fri Mar 28 2008, 08:11

in westchester county, when is the home inspection supposed to be done?

Asked Mon Jan 28 2008, 14:08 by Charlie - Buffalo - Home Buying - 6 answers

Judith Smith answered:

After negotiating a price and before signing a contract. I disagree with regard to signing contracts first because many times significant information is gotten at inspection which will lead to a buyer opting not to continue. I believe for the sake of all parties to the transaction, the simplest, least costly investigation of the property should be undertaken before the time and expense of contracts. After all, we're not trying to lock anybody into anything before full disclosure. I work in Dutchess/Westchester/Putnam, and we use lawyers for contracts, this is not the case in all venues. - Fri Mar 28 2008, 07:45

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