The reduced payments in the begining equal the surplus in the end.HOWEVER, when we apply the principal reduction by way of a fixed principal portion of payment obviously the repayment of principal goes faster.  

He gets paid 30% of the first year assessment reduction, so there is not cost to appeal upfront and no cost if he doesn't reduce the taxes! 

That said I think the first domino fell and this is what I see (again maybe only my market).Buyers have disappearedListings are creeping upPrice Reduction quantity is upAffordability is going to get worse if rates go up moreGood Selling

If there is room there you may get a reduction.

This buyer literally wanted me to pay to rehab the whole house with a the price reduction he wanted. 

Where rent control has been enacted, tenants are encouraged to stay in their unit even if their housing needs have changed in an effort to secure their below market rates and markets have seen a reduction in the availability of rental units.

If I counted principal reduction I literally lived for free.

Technically one can have multiple solo 401k plans but it does not make since because of the following:When a self-employed individual maintains more than one trade or business, the questionarises as to whether the limit is based on the sum of earned income or loss from all trades orbusinesses under common control [as defined in IRC 414( c)) as modified by IRC 415(h)], or ifonly the trade or business maintaining the plan being tested is used.For purposes of the IRC 415limit, earned income for the self-employed individual is based on the sum of the earned incomefrom all the controlled trades or businesses, regardless of whether the related employer maintainsa qualified plan [Reg. 1.415-2(d)(6)].EXAMPLE: Andy, a sole proprietor, operates a law practice as a sole proprietorand has $100,000 of self-employment income from such practice for 2008 (prior tothe reduction for one-half of self-employment tax).

process is in favor of the state/city. always. no lawyer wanted to take any of my 30 houses. they all said "seems about right". how they make money when they dont take any work.....i am not sure.i fought two cases. paid hundreds. barely got a reduction to cover the cost i spent. and that's just for 2 yrs... its going up in 2 yrs.you just have to suck it, like the rest of us.

I would talk them into a 40K price reduction instead of giving you a 60K price drop for taking the time to write 42K on a cocktail napkin.