02-18-2011 12:39 PM
Since prices have dropped so drastically in Florida if I buy a house what will the taxes be based on? Will it be the current level of taxation or will it revert to the actual value based on its new selling price?
Solved! Go to Solution.
02-22-2011 12:38 PM
Hello Mark...Thank you for your question. While there is almost no way to definitively tell exactly what the taxes will be on a home, the county property appraiser's web site(s) have property tax estimators which are very easy to use and find. Answer a few questions and...viola...an ESTIMATE of what your taxes will be on that home. Sales price does appear to be the driving factor in the tax price of those rates, however. Please feel free to contact me if youhave anything further!
03-06-2011 09:01 AM
I agree with Bob's answer to you but perhaps a little more information will be useful.
The taxes for all properties in the state have been set for all of 2011 and we are beyond the period when they could be appealed. Your taxes are not reduced immediately at closing. The soonest they could be reduced would be the fall of 2011 and the new tax rate would be effective January of 2012.