Asked by rssraj, 11375 • Mon Dec 3, 2012
I'm contemplating a home which has been on the market for 2 years. It's a nice home, in a good condition but I believe it hasn't sold because of the high taxes. The house is well done which may be a reason attributing to this but know that NYC finance won't reduce taxes on this house as their assessed value for it is quite low
I still want to make an offer but want to deduct 10 years of difference in the taxes vs other properties of a similar lot size. Does that make sense? I know it's not fair to the seller but I'm the one who's taking on a larger liability than I'm comfortable with the taxes
What should be my other considerations? I guess it'll be as hard 10 years from now to sell the house as well if I have to
Real Estate in New York
Popular Categories in New York
Email me when…
Success! Your email alert settings have been saved. Access all your email alerts in your My Trulia account anytime!