because it is a foreclosure
.Back in 2007 it sold for more than $2m and at that time the taxable value set by the town was nearly $2m. Hence the taxes
The taxes are based on the townwide revaluation and the actual list price has nothing to do with the taxes payable.
Mind you if you were to buy the house at this price you might be able to appeal the taxes to the town and get them reduced.
However towns have gotten wise to the situation regarding foreclosures and are unwilling to take the actual sale price into consideration when resetting taxes.... more
Go to your bank where you have your savings and checking account - ask to talk to a mortgage representative and get yourself pre-qualified. It should be about 1/3 of you gross income. Pick up some "free" home magazines and go on-line looking at homes in your price range in the towns you would like to live. That would be step one and two. Ask again later for steps 3 and 4.
No, you are not. However, if you have signed an agreement to work only with that agent, it is a general courtesy to send him something in writing indicating you will no longer be working with him. A good Realtor will work very hard to assist you with evey house on the market. Find one you are comfortable with and let them help you find just the right home. Please let me know if I can assist further. Kelly Robertson, 501-538-4370 Lake Hamilton Realty... more