Asked by Rajib Sengupta, Jacksonville, FL • Tue Feb 3, 2009
I bought a house at $65K under bank foreclosure but the house is apparised at $180K as per the county appraiser. As a result the tax is very high. As per the current sales trend the value should be at around 120K. I am going to hold this property for 4/5 years. My question is should I go ahead and request the county for a re-assessment of the property to reduce the tax of the house or should I pay the high tax and keep the current appraised value
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