Quote:
Originally Posted by jIM_Ohio
I will second this- our property is taxed at a rate of around 300k, our appraised value last summer was 372k.
Do not base decision on tax appraisal value, other than can you afford the taxes on that appraisal value.
I would care more what the BANK appraised the house for, not the tax collector. The bank number influences interest rates, PMI and other factors which cost you money every month.
|
We're working with 3rd federal and I know once we get the blue prints we have to give a copy for their appraising as well. But isn't the interest rate already predetermined? PMI wouldn;t be an issue as we're putting over 20%.