Submitted by eastbayted t3_11nih1c in news
0b0011 t1_jbt5u26 wrote
Reply to comment by Hot_Egg5840 in Black couple settles lawsuit claiming their home appraisal was lowballed due to bias by eastbayted
Sure but that doesn't always mean they pay much more. In my state, house taxes are reaveluated when you buy a house and they tell you how much you have to pay then it can only go up a certain amount per year no matter how much the home value is. Ypu buy a house for 200k and 3 years later the house is worth 600k but you only pay taxes as if it were a 200k house. When someone buys it it's reevaluated and they now pay taxes as if it's a 600k house.
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