patrick.net

70 views, and no one knows?

4,000 or 200,000 either way, property taxes and ever increasing tuition (and student loans) keep funding those gilded bennies for Professors in CSU and UC.

How about going open kimono and telling us all what you really think of us, Professor?

you pay on assessed value. no one cares what you paid.

FortWayne says

70 views, and no one knows?

Nomo was eloquent in his response.

IMHO the problem with viewing retirement & such as "gilded bennies" negates the fact that these scientists could go elsewhere and make more money than they do in academia. They could afford to pay for their own "gilded bennies," and the students would be worse off.

ed5345 says

you pay on assessed value. no one cares what you paid.

I agree, you pay the assessed value on the property. You could try and fight the assessment and have it lowered, but you have to have documentation of other commercial properties in the area that are similar size and accessed for less money. Face it, your never going to get a 4k assessed value no matter how many appeals you file.

As for the 70 views and no reply thing, there are a lot more readers than posters. It's something like 10 to 1 easily. I guess you could say us "posters" help shape the opinions for 90% of the population.

ed5345 says

you pay on assessed value. no one cares what you paid.

It works the same way with property tax on cars in some states as well.

TechGromit says

you pay the assessed value on the property. You could try and fight the assessment and have it lowered, but you have to have documentation of other commercial properties in the area that are similar size and accessed for less money. Face it, your never going to get a 4k assessed value no matter how many appeals you file.

I agree with the above quoted text.

TechGromit says

ed5345 says

you pay on assessed value. no one cares what you paid.

I agree, you pay the assessed value on the property. You could try and fight the assessment and have it lowered, but you have to have documentation of other commercial properties in the area that are similar size and accessed for less money. Face it, your never going to get a 4k assessed value no matter how many appeals you file.

As for the 70 views and no reply thing, there are a lot more readers than posters. It's something like 10 to 1 easily. I guess you could say us "posters" help shape the opinions for 90% of the population.

Thanks partner. I never knew unimproved land was assessed the same way improved was. For some reason it would be different. It's good to know now.

Nomograph says

I have no tolerance for this type of loser;

Nomo, I'm not the reason your welfare check is late as usual you self righteous welfare case prick.

FortWayne says

Thanks partner. I never knew unimproved land was assessed the same way improved was. For some reason it would be different.

When I get my property assessment in the mail from the township every year. It has an assessment for the land and an assessment for the improvements (ie. the house) and a total assessment.

FortWayne says

Nomo, I'm not the reason your welfare check is late as usual you self righteous welfare case prick.

He's on welfare? Unless he's been talking out his ass, he's a physician-educator. If his salary is welfare, I'm quitting my job and signing up. (Oops, quit the job and got another, too late).

Nomograph says

My response may have sounded harsh...

Sometimes you do sound kinda harsh, but you're usually spot on. You haven't made the kind of comment that makes me spill my coffee all over myself lately. I miss those days, although my dry cleaning bills have decreased greatly.

Nomograph says

I have no tolerance for this type of loser; they try to bring everyone around them down to their level, while breathing air that productive people might need one day.

Ladies and Gentleman a Doctor.

Illegitimi non carborundum! Brah!

The GOP says

Ladies and Gentleman a Doctor.

Not sure what point you were trying to make - but a well placed comma might possibly have assisted you in your endeavor.

I'm sure that it broke dear Nomo's little heart when you called him a doctor. Hopefully he'll recover some day and be able to move on with his life.

FortWayne says

70 views, and no one knows?

It wasn't that no one knew, it was likely that every one of those seventy viewers realized that the information you requested is readily available on every property assessor's website. There have also been multiple articles about this issue since the housing bust started.. Combine that with common sense...

elliemae says

Sometimes you do sound kinda harsh, but you're usually spot on. You haven't made the kind of comment that makes me spill my coffee all over myself lately. I miss those days, although my dry cleaning bills have decreased greatly.

You know ellie, you and nomo need to stop this mating dance you are subjecting us to and get over with it.

I don't know about Texas land tax laws, and I'd advise asking a real attorney, but I suspect you have to pay taxes based on the appraised amount.

I would make the appraisal amount of $4000 be a condition of the sale, so you have an out if you can't get a reasonable re-appraisal. As appraisers are simply deceptive tax collectors, they will always over-appraise a property. I'd ask a lawyer about suing the county for appraisal fraud. The threat alone could cause them to re-appraise.

Of course, I'm assuming you're not really getting the land for a mere 2% of it's fair market value. You might be getting a good discount, even 30%, but that's a far cry from the appraisal amount.

And if the county honestly believes the land is worth that much, tell them to buy it for that much in court. If I were on a jury, I'd be convinced after that.

Dan8267 says

And if the county honestly believes the land is worth that much, tell them to buy it for that much in court. If I were on a jury, I'd be convinced after that.

These things rarely make it to a jury, if ever. You'd spend thousands in legal fees to try to make a point - and would probably lose in the end.

Dan8267 says

I would make the appraisal amount of $4000 be a condition of the sale, so you have an out if you can't get a reasonable re-appraisal. As appraisers are simply deceptive tax collectors, they will always over-appraise a property. I'd ask a lawyer about suing the county for appraisal fraud. The threat alone could cause them to re-appraise.

Most sale contracts contain a statement about the property appraising for sale price or more, so people are stuck with a property worth substantially less than the sales price.

this guy is going to pay higher taxes because it's a commercial property rather than a primary residence. I have a hard time believing that he can buy a $200k property for $4k; something doesn't add up.

FortWayne says

You know ellie, you and nomo need to stop this mating dance you are subjecting us to and get over with it.

I'm a fan of Nomo's because of his asshole snarky comments, no biggie. He says things that I'd say if I didn't think before I spoke... For example, he has pointed out that you appear to be grossly uninformed about many things - and you could remedy this by researching the info a little but choose to ask people anonymously on an interwebs forum. I'll second that.

Nomograph says

I have no tolerance for this type of loser; they try to bring everyone around them down to their level, while breathing air that productive people might need one day.

This is a point upon which I disagree; your lungs are breathing in the asbestos brake dust and churning out cleaner air to be converted into oxygen by trees. So you do have a purpose after all.

Dan8267 says

I would make the appraisal amount of $4000 be a condition of the sale, so you have an out if you can't get a reasonable re-appraisal. As appraisers are simply deceptive tax collectors, they will always over-appraise a property. I'd ask a lawyer about suing the county for appraisal fraud. The threat alone could cause them to re-appraise.

That's a good idea, thank you Dan!

FortWayne says

That's a good idea, thank you Dan!

I advise you to ignore Dan's advise. I don't think he knows what he's talking about.

elliemae says

I have a hard time believing that he can buy a $200k property for $4k; something doesn't add up.

Could be an issue of liability. If there was a gas station there before and the ground is polluted somehow. The seller would be happy to sell it for 4k, the buyer would have to pay for any clean up costs before they could build anything. Bet you could buy a couple thousand acres in Chernobyl for that, they be happy to sell it to you.

TechGromit says

Bet you could buy a couple thousand acres in Chernobyl for that, they be happy to sell it to you.

I'm already ahead of you, techie. I bought the Chernobyl land April 25, 1986 - it was higher priced at the time, but they had cheap power and days since any workplace accidents. I've tried to sell since, but for some reason no one is interested in buying.

The whole problem with reporting work place accidents in the Soviet Union at the time, was it was a quick ticket to a Siberia work prison. Nah better off not reporting that leaking radioactive fluid.