Many cities and counties around the nation assess property taxes on real estate based on the "fair market value" of the property. Many tax assessors in these cities will tell you that the fair market value is based on the price a buyer will pay for the property under normal market conditions. So the question here's: what are normal market conditions?
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[Source: Finance: Taxes Property Articles from EzineArticles.com - Posted by FreeAutoBlogger]
What is the Property Tax Bubble?
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