Maryland Tax Assessors have their head in the sand!

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Real Estate Agent with Ellicott City Clarksville Howard County Maryland Real Estate 535650

Unless you live IN the Chesapeake Bay, you can not fail to notice the decline in value of property in Maryland due to the state of the economy.

The sagging housing market doesn't necessarily mean Maryland homeowners will see a decline in their annual property tax bills.

House prices

 More than 700,000 Marylanders will receive new property assessments later this week. And state and county officials say virtually all of those will be paying higher taxes in 2009.

That's because tax collectors have not yet accounted for the huge decreases in assessed values from earlier in the decade. ARE YOU KIDDING?

So, to put this in prospective, in some situations, the taxman says that your tax assessed value will be considerably higher than the ACTUAL market value of your home!

 

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Ellie McIntire Real Estate

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Topic:
Real Estate Market Trends
Location:
Maryland Baltimore County
Groups:
Baltimore, Harford, Cecil, Real Estate
Diary of a Realtor
Howard County, Maryland
The Lounge at Active Rain
You've GOT to be kidding
Tags:
taxman
tax assessed value
taxes
propert values

Comments 1 New Comment

Rainmaker
243,467
Mike Klijanowicz
#1 Baltimore & Harford County Maryland REMAX Agent
Baltimore & Harford County Maryland - RE/MAX AMERICAN DREAM

They can ALWAYS elect to APPEAL their taxes if they want to...

January 01, 2009 10:10 AM
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Ellie McIntire

CDPE, Howard County Homes for Sale
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Additional Information

I am a Maryland transplant from many other places, most recently Florida, but since 1997 I have found my true home in the heart of this great State. Maryland has it all. Mountains 3 hours to the West, the Atlantic Ocean 3 hours to the East and head North and South for either Philadelphia and New York or Washington DC. It is the perfect location! The Metro Baltimore area offers a rich mix of history and modern amenities. City living, suburbia or "not a neighbor in sight" is available in this area. Excellent Schools, amazing communities and an incredible location is why many people choose to live in Central Maryland. I proudly help my clients buy and sell all types of homes in Howard County and beyond. Enjoying the entire process is my goal for my clients. Every transaction is different and everyone has different needs. I know the Metro Baltimore area well and I am current on the Real Estate Market activity- That's my job. As your "Buyers Agent" I will work diligently to find you the home that suits all your needs. I will update you immediately when a home matches your search criteria. I will educate you on the current market and help you craft the best offer possible. I will "hold your hand" throughout the entire process. As your "Listing Agent" I will coach and guide you from day one to put your best foot forward when you list your home. I will use aggressive and innovative marketing strategies to give your home the best exposure possible. I will use modern technology and multiple resources that other agents do not use. I WILL PROVIDE YOU WITH PROOF OF ALL MY EFFORTS. I am a full time agent and I my number one goal is to give you exceptional service ALWAYS.