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re: Are houses appraising in accordance with the inflated sales price?

Posted on 7/27/21 at 11:11 am to
Posted by ned nederlander
Member since Dec 2012
4373 posts
Posted on 7/27/21 at 11:11 am to
quote:

The Orleans accessor is increasing the assessment to the sale price. Fundraising by any other name is still fundraising!


I assume this is pretty standard practice everywhere. Why wouldn’t the assessed value reflect the most recent sales price?
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