995 views
Tisza Major-Posner
- 108 Helpful Answers
- 225 Answers
- 1 Listing
Locations:
Web sites:
Profile Link:
About:
I am a very internet savvy Realtor who specializes in the city of Claremont, California. I service the Inland Empire as well. I am not your average agent
... show more
Tisza Major-Posner answered:
Hi Cam,
No, you are right it doesn't seem fair, but if you think about it, unfortunately it actually makes good, solid business sense. You couldn't use an appraisal from a year ago in ANY market to demonstrate an accurate value for a year later. And, if you think about it you really wouldn't want to.
An appraisal is really a kind of snapshot of a moment in the market, and if you really want to get down to brass tacks (as the saying goes :-) it is only accurate for the day and time that it was done because, believe it or not, things could change from day to day - especially right now :-)
I agree with the suggestions that you have a good local area Realtor do a CMA (which stands for Comparative Market Analysis) for you to get an idea of where the value may have gone.
If you see a loss of value which would justify a reduction in your taxes which would be greater than the cost of appraisal (or limited reappraisal which you might be able to get done at a reduced rate) then going to that expense would make sense, but if it doesn't appear to then it wouldn't.
As others have, I will also offer my services to you for the CMA (which doesn't cost you anything by the way :-). My office is in Upland and I am very familiar with Rancho Cucamonga values. Please feel free to contact me at your convenience.
Thank you again for stopping by. Take care and have a great day!
Tisza Major-Posner, Realtor, DRE#01784679, IVPG Realty (909) 837-8922
No, you are right it doesn't seem fair, but if you think about it, unfortunately it actually makes good, solid business sense. You couldn't use an appraisal from a year ago in ANY market to demonstrate an accurate value for a year later. And, if you think about it you really wouldn't want to.
An appraisal is really a kind of snapshot of a moment in the market, and if you really want to get down to brass tacks (as the saying goes :-) it is only accurate for the day and time that it was done because, believe it or not, things could change from day to day - especially right now :-)
I agree with the suggestions that you have a good local area Realtor do a CMA (which stands for Comparative Market Analysis) for you to get an idea of where the value may have gone.
If you see a loss of value which would justify a reduction in your taxes which would be greater than the cost of appraisal (or limited reappraisal which you might be able to get done at a reduced rate) then going to that expense would make sense, but if it doesn't appear to then it wouldn't.
As others have, I will also offer my services to you for the CMA (which doesn't cost you anything by the way :-). My office is in Upland and I am very familiar with Rancho Cucamonga values. Please feel free to contact me at your convenience.
Thank you again for stopping by. Take care and have a great day!
Tisza Major-Posner, Realtor, DRE#01784679, IVPG Realty (909) 837-8922
|
MVPs or 'Most Valuable Players' are key Trulia Voices members who have been contributing high-quality content throughout 2008 and providing valuable advice to consumers and real estate professionals.
|
|
|
Founding members are a small number of participants who submitted content at launch of Trulia Voices to kick off community discussions.
|
|
|
Your question:
Max. 200 characters
Name:
Email:
|
|
Share profile
Contact Tisza Major-Posner
Tisza Major-Posner is a member of Trulia Voices:
Get the inside scoop on your area and home buying and selling.
Ask and answer questions about real estate.
Build your profile and contact home buyers, sellers and agents.
Report this profile
|
|
|
|
|||||||||||
|
|
|
|
|
|
Copyright © 2009
Trulia, Inc. All rights reserved. |
Fair Housing and Equal Opportunity
Fair Housing and Equal Opportunity
Help us improve our service—send us feedback