In most cases, local officials make a periodic assessment of your property in order to determine its value. This value is then attributed to a property tax. You must pay this tax every year. The tax is assessed in return for services such as police, fire, ambulance, road repairs, street lighting, etc.
The methods that local governments use to assess property tax differ from municipality to municipality. The first Read the rest of this entry »
Your Property Buying Toolkit. As with any task in life, it pays to be prepared and have the right tools to hand when evaluating prospective property purchases. So what do you need in your property assessment tool kit? Here is a list of basic tools that will be helpful :
Have a good Pen or two, you need to make notes.
# A Notebook is better than loose-leaf paper, it keeps your notes together. Read the rest of this entry »
Kelowna residents received few surprises in the assessments of their properties during last week’s mailing of property assessments. Many homeowners in the town saw slight changes in their homes’ values, ranging from a five-percent decrease to a five-percent increase.
Mark Wooldridge, assessor for the area, advised that the specific numbers are capable of varying among properties. He said that the majority of some 80,000 Read the rest of this entry »
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