What’s really hurting a lot of younger buyers is that they are buying new build homes, and initially taxed only on the empty lot that the home was built on. A few months or a year after they buy it, the lot gets reassessed, and now that it has a home on it, the taxes are tripled or worse. It just smokes them every time. And somehow, it seems neither the agent nor the bank ever warned them this would happen.
ONCE BUILDING PERMITS ARE ISSUED & SIGNED OFF—WITH COMPLETION-—THE COUNTY USUALLY IMMEDIATELY CHANGES THE PROPERTY TAXES