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Updated over 2 years ago,

User Stats

578
Posts
268
Votes
William Coet
  • Lititz, PA
268
Votes |
578
Posts

Super High Property Taxes. Sale May Raise Assessment

William Coet
  • Lititz, PA
Posted

If a property is assessed for much lower than it sells for, the assessor can raise the assessment to the sale price.  This would make the property tax expense too high to cover other expenses (mortgage, insurance, maintenance, long term maintenance).

Is there any way to avoid such a massive property tax hit?

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