fair market value: Georgia Legislation Requires Tax Assessors to Consider Foreclosures When Determining Fair Market Value - 04/24/09 12:00 PM
Governor Signs Bill to Change the Factors Used in Determining Property Tax Assessments The Governor signed SB 55 last week giving protection to property owners in the property tax assessment process. SB 55 requires city and county tax assessors to consider foreclosure sales, bank sales, distressed sales, or any combination thereof, of comparable real property when determining the fair market value for property tax assessments. Property owners across the state have seen the value of their homes decrease due to direct competition with undervalued foreclosure and distressed sales. SB 55 aims to protect property owners by requiring the tax assessor’s office … (0 comments)

 

Olivia Futrell

McDonough, GA

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Solid Source Realty

Address: PO Box 671, McDonough, GA, 30253

Mobile: (770) 313-2829

Office: 7704(751) 130-8466

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Real Estate udpates from McDonough, GA, in Henry County - "comfortably south of Atlanta".


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