Refinancing Home Mortgage
Hi, I received a letter from the county I live in countries where it to a general reassessment and asked me to fill all this information on my property. In the letter, payment was in 2012. What does this mean exactly? Do I get money? Is my payment of the Lower House? If so, it will automatically lower the mortgage company or should I? I know down the value of my house because I compared it to other houses like mine in my street, and they have sold in recent years and ithey sell for about 10,000 less.
You do not know what the writing of a “payment”, but the reassessment has nothing to do with your mortgage might not have meant, and you certainly will not earn money. The revaluation is for property taxes and – probably – because of higher taxes for you. Your property taxes are based on current estimated value is based probably a few years ago and the tax authorities (city, usually) has the right to a higher valuation, as sought in the rule, but not in both years increased the value of the house. You do not have any new assessment of all these houses, unless they be able to expect to raise taxes. Sorry for that dose of reality.
This is about mortgage information questions.
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