Messages

1

Questions and Answers / Re: This forum is for asking any questions

« on: July 05, 2005, 02:23:05 PM »

It is important that I have a proper understanding of the above.  Would you say that the following is true?

Assessment value - Is 1 or 2 correct?
              1-this is how much the house is worth or

              2-this is the amount used to tax the property because of the area and surronding property values?


adjusted value - is value of property minues taxes deliquent.  Is this correct?

min bid or min tender amount - opening bid at auction - usually amount of back taxes due or house value?  Is this correct?

Thanks a bunch

2

Questions and Answers / Re: This forum is for asking any questions

« on: July 05, 2005, 01:31:37 PM »

Thank you very much for your fast response

3

Questions and Answers / Re: This forum is for asking any questions

« on: July 02, 2005, 07:14:58 PM »

What does adjusted value mean at a tax sale and why is min bid sometimes greater than adjusted value?