My name is Tara Flynn,
It seems you've all been afraid to give your real names, phone numbers and contact info!, I'm not!
My company on 2/10/2010 closed on the house and land located at 103 Lakeview Court, in the Villages of Lone Oak.
It paid $5,000 for the 75% finished 2007, 2,881 sq. ft concrete house and .25 acres, it sits on!
This property was a resale owned by One West bank, sold to my company through our agent Marty Gray.
As a resale, the property had been struck from the Hunt County Apprasial District (HCAD) tax rolls in 2008, in an attempt to 1st sell it on the county steps, which failed as did, attempting to sell it at auction.
Gray real Estate entered it as a listing for One West Bank, after they turned down a bid from a wrecking crew of $25,000 to tear the house down!
The HCAD wouldn't let Gray list it for anything less than $31,900, 10% of the FMV that the HCAD had put on it!
My company 2 weeks later called Marty Gray, made a Fair Market Vaule offer of 5,000 in cash and settled it on a HUD1 less than 15 days later.
The property was sold in an as is condition under a special limited deed, with no septic,city sewer,city water available ever, nor was there a way to have the electric hooked up!
There is still is a sticker posted on the front window put there by the county saying it is unihabitable, and it was there when we closed on it on 02/10/2010.
On april 30, 2010, the HCAD sent a tax FMV of 197,260.
I filed a formal protest on the 15th, based on what my company paid for a purchase FMV as well as using the sales comps for the last 6 months for property sales, and the ones I pulled after closing on 2/10/2010.
Lots began selling for 1,000 a lot, 3 days after that date, with the 1st 3, were sold on the steps and the rest sold on http://www.auction.com.
I'm a licensed paralegal researcher, real estate agent and ready to fight the HCAD, if you are!
Isn't it bad enoungh the HCAD has charged you poor lot owners for the last 3- 4 years on purchase values you paid!
Not one property since the last lot was sold by the last debunk, dubious assumed owner of this subdivision to an unsuspectiing buyer, in Sept 2009, has ever been failrly taxed by the HCAD, for its FMV!
THE HCAD WAS NOT IMPRESSED WITH YOU OR A LAWYERS EFFORTS TO RELIEVE WHAT THEY HAVE PLACED AS FMV ON YOUR LOTS!
HOWEVER; WHAT I PAID FOR MINE WITH A HOUSE ON IT, HAS TERRIFIED THEM AND AS THEY SAY, THEY KNOW THE JIG IS UP AND IT'S END GAME!!!
FMV is based on comps!
I just gave you a huge one to use against them!
It's bad enough if you pay for worthless land and the fact the HCAD know it's worthless and will remain that way, but now if they continue to tax it on what you paid for the land it is a crime against you as a tax payer, not before I bought the house and land, but after I bought the land and house.
My phone number is 903-455-8090, I live at 1408 Jacksons Run in Greenville, Texas.
My company's name is on the ownership papers. It is Equine Colic Relief.
The phone number is to my office!
This is an election year, these subdivisions and the victims of them and the evils brought about by the CAD's that tax them, is something not yet brought to the attention of the news media, but will be!
Petitions, are not one citizen but many that oppose or propose changes, what The Owners Of The Villages Of Lone Oak do, can change what CAD's like Hunt County, can do in the future!
I will fight them alone, as Travis said when he drew the line in the sand at the Alamo, if you do not wish to fight them leave, for there is no shame in retreating from numbers greater than you are!
This is America!
We the people, do not serve those we elect they serve us!