Quote:
Originally Posted by I.C.Isles
Just went through this with Alton. I had just bought house for less than assessment after it had been on market for months, had comps done by lender to back it up. Assessor refused to lower assessment unless I let him in the house.
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I'd appeal that to the state. Assessed value according the definition given by the state of NH is it's fair market value. A fresh sale of the subject property re-defines "fair market value" and what is inside or out is irrelevant. Do they insist on seeing the inside when they decide to jack the value. Heck no.
Some of these town "officials" are real pieces of work.
I did the same thing after I purchased my place, which sold for well under assessed value in Meredith. I contacted the assessor's office shortly thereafter and after providing them with a copy of the P&S along with the appraisal that was done prior to the sale, the assessment was brought in line with the sale price albeit slightly higher which I did not question as I thought the number they arrived at was reasonable.