Florida Housing Market Repot

September 2009 Newsletter
October 12th, 2009 3:15 PM
 
                                                     


9-11-09


 



 Try to fly a flag today in memory of the people who lost their lives on September 11, 2001.
It just blows my mind that it has been eight years already since these scumbag terrorists attacked our country.

 

 
Is it just me or does it look like a face coming out of the smoke cloud?

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ONLY 3 DAYS LEFT

 
Monday, Sept. 14, 2009, is the deadline to appeal property assessments to the Value Adjustment Board. If you feel the market value on your property is too high then you have till over the weekend to go online and register your appeal.

 You have by now received your Proposed property taxes for 2009. Your market value should be lower than the previous years. This year one of two things happened to your your property taxes, either your market value went down and your taxes went down or your market value went down and your taxes went UP.

 Go to this link PAPA search page then look your property up by name or address.


 In this example total market value went down and the total tax came down. 




In this example market value went down but total tax owed went up.


The reason for the increase is because of the homestead. The assessed value is lower than the market value because the owner has been in the home for a number of years at a time that the market value was lower than the current market values.

 The assessed values can only go up 3% per year under the current homestead rules until they reach the current market values which is the reason for the increase in property tax along with the increase in milage rate for the example above.

 Those of you that have non homesteaded properties or have homesteaded properties with assessed values equal to the market values need to make sure that the market value for your property is accurate. If your market value should be lower you can save yourself a lot of money not only this year but in future years as well. 

 This is not something that you should try to do yourself as the property appraisers office is not going to adjust your values unless you go in front of the appeals board and all of your paper work is done exactly right.

 I suggest using the following company as they come highly recommended http://propertytaxreductionservices.com/index.html (I am not affiliated with this company in any way).

 The cost is $119 then 30% of the first year savings. You can call Helen at 954-627-6600 for more info.

 You must first register your appeal online by Monday with the Value adjustment Board to appeal this years taxes at this link:
http://www.mypalmbeachclerk.com/tier2.aspx?id=988 

 Then you can contract with Property Tax reduction Services to handle your appeal from there, including all appraisals, forms and representing you at the court house in front of the appeals board in your absence.

To Your Financial Health,
Todd Dawkins

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         Interest Rates

Interest rates today are between 5.00% and 5.25% a great level to take advantage of.

  Word on the street has it that retail sales might come in lower than expected next week and as a result we could see interest rates improve from today's levels.

 As you know anything can happen with interest rates, they can move up or down very quickly. I will try to keep you updated if there are any big moves.

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Please check out my website  www.MortgageCreditCare.com



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I have also partnered up with a company in the seedy underbelly known as Loan Modification. It seems sleazy, but it can really help out folks with hardships such as the loss of income due to the economy. Those of us that are upside down (owe more than our house is worth) and can't take advantage of the lower interest rates. Plus those of us who's taxes and insurance have gone up while our incomes have dropped.
You get the picture.

If you feel the pain, I can run your specifics through our proprietary software to see if you qualify for a 
Loan Modification under one of Obama's, "
Making Home Affordable Programs". You may be eligible for a modification and not even know it.


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Cheek and Chong’s
take on the current economic climate and what it might do to the price of their weed. This is funny but not for the faint of heart.
If you are offended by bad language etc.. Don’t Watch.

http://www.youtube.com/watch?v=XTN_McAF8JQ


Posted by Todd Dawkins on October 12th, 2009 3:15 PMPost a Comment (0)

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  www.MortgageCreditCare.com
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  Boynton Beach, FL  33435
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