Taylor-Brown Real Estate Talks

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The news has come down from Indianapolis that there will be no adjustments to the assessed value due to trending. Trending is utilized by some states to account for property value increase or decrease.

It is unrealistic to think that a state that just converted to a market value assessment system could possible understand or have mastered the market value. It is equally unrealistic for a state to believe that trennding alone can account for the record drop in market value of all homes in Indiana and for that matter America.

Some areas’ values have dropped as much as 35 to 50 percent.

In addition, the market value assessment system is so new to the state that Porter county blames the new change and formula for their delaying in getting the assessment values completed.

It is time to take action citizens. File your appeals. Do not take this seating down.

Originally posted 2009-08-26 05:00:24. Republished by Blog Post Promoter

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