Sam Heskel shares his thoughts on real estate trends, breaking news, politics, finance, and much more.Tax Bill Appeals Take Rising Toll on Governments
Sunday, July 5th, 2009New York - Homeowners across the country are challenging their property tax bills in droves as the value of their homes drop, threatening local governments with another big drain on their budgets.
The requests are coming in record numbers, from owners of $10 million estates and one-bedroom bungalows, from residents of the high-tax enclaves surrounding New York City, and from taxpayers in the Rust Belt and states like Arizona, Florida and California, where whole towns have been devastated by the housing bust. Click here to read the full article from the New York Times.