Expert Advice from Amy & Kyle Bergquist at Keller Williams Legacy Partners
The other day we covered the basics of the upcoming West Hartford property revaluation. As a quick reminder, the process is underway, and new “Market Values” will be available and distributed in the October time frame. Homeowners with concerns about their number can go through the “Informal Hearing” process and appeal it beyond that if needed. Phasing In Market Values We tried to keep things simple last time, focusing on the basic revaluation process and
Real estate websites came up in yesterday’s post. The basic question was, “Can buyers rely on public real estate websites during a home search?” I think we can all agree that they’re fun to look at, and they do a very nice job at presenting and consolidating data. But do they have a buyer’s (or seller’s) best interests in mind? I don’t think they do. Their goal is to make money. Basically all the sites
We’re sensing some confusion over the future direction of property taxes among some of our buyer clients and homeowner friends. We don’t know pretend to know exactly what will happen, but have a theory we thought we should share: You’ll notice that property values (assessments) do not figure into the property tax calculation. Even though your home, or the home you hope to buy, may have fallen in value since the last revaluation, you should
It’s the second half of January, and we haven’t even published any predictions for the year. Shame on us! The point of predictions is to get them out there early so that everyone has already forgotten about them by the time the real action starts. That way you don’t get egg on your face when the exact opposite happens. But if you get it right, then you can smugly point back to your calls and
The cover story of today’s real estate section features an article titled That Empty Feeling about the impact of vacant homes on a neighborhood. The wide-ranging piece provides a lot of interesting and important information about homes that are considered eyesores. A critical point in the overall thesis, and therefore a focal point of the article, is the example of a dilapidated property that actually hurts the value of neighboring homes. Unfortunately, a very poor