Most of them truly have no idea what this is about. Here are some thoughts from another thread where it is highlighted they are simply piling onto something they have no knowledge of.
https://www.democraticunderground.com/100218324393#post8jimfields33 (14,286 posts)
8. I don't understand the values of property
My taxes are based on the county saying my house is worth 145,000. Zillow has my house at 345,000. If I take out a loan, I can’t use the 345,000 figure? I must use the 145,000 figure? It is confusing.
This poster thinks just because some judge said Mar-a-Lago is worth $18MM that that must be the true valuation. Anyone should be able to look up values of the properties around MAL and figure out that is woefully low for the market.
And it continues.
rainin (2,999 posts)
11. My bank sent out an appraiser
who asked me what number I wanted and gave me that exact number on my appraisal. The number isn't even close to the tax value.
aggiesal (8,465 posts)
19. In California that would be illegal after the mortgage meltdown ...
When I had an appraiser, I was told not to be around.
Rebl2 (11,938 posts)
22. My county
a few months ago said our house was worth 590,000. No way in my town is any house worth that (and we were told it wasn’t). They did assessments late last year and apparently the company from TX they gave the contract to really screwed up. Thousands of people protested their assessment. Some were successful at getting it lowered and others were not. The man my husband met with at the county accessor office immediately said no way a house in our small town was worth $590,000. We were able to get value reduced by quite a bit. Had we not done anything, our real estate taxes would have gone up to over $10,000. We are on a fixed income and it would have been devastating.
There is a reason the appraisal district does not "appraise" your home. They "assess a value", not an appraisal.
Oh well, they can continue to dream their pipe dreams unless and until this is done. From what I've heard and read I don't think this NY AG has a leg to stand on, but I could be wrong.
KC