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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Mike Klijanowicz
Baltimore & Harford County Maryland - RE/MAX AMERICAN DREAM - Perry Hall, MD
#1 Baltimore & Harford County Maryland REMAX Agent

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

Jan 01, 2009 10:10 AM #1
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