Martocchia Realtors: A Real Estate company providing Real Estate services with integrity, accessibility and dedication!
Search Homes Now
Search the MLS
Featured Properties
Price Your Home
Real Estate News
Local Market Watch
Mortgage Center
Buyer Resources
Seller Resources
Our Agents
About Us
Contact/Locate Us
Member Login New Users Transaction Live Agent Login
Buyer Resources
5 Property Tax Questions You Need to Ask
  1. What is the assessed value of the property? Note that assessed value is generally less than market value. Ask to see a recent copy of the seller's tax bill to help you determine this information.

  2. How often are properties reassessed and when was the last reassessment done? Generally taxes jump most significantly when a property is reassessed.

  3. Will the sale of the property trigger a tax increase? Often the assessed value of the property may increase based on the amount you pay for the property. And in some areas, such as California, taxes may be frozen until resale.

  4. Is the amount of taxes paid comparable to other properties in the area? If not, it might be possible to appeal the tax assessment and lower the rate?

  5. Does the current tax bill reflect any special exemptions that you might not qualify for? For example, many tax districts offer reductions to those 65 or over.
Martocchia & Company, Inc. Realtors®
home search the mls featured properties price your home about us
real estate news local market watch mortgage center communities contact/locate us
buyer resources seller resources registry of deeds our agents agent login
©2007 Martocchia & Company, Inc. Realtors® Privacy Policy