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Blogging to you from the Northeastern Badlands of The County of Lake, in the state currently known as Fatmanistan, DEEP DEEP DEEP DEEP DEEP inside the heartland of the Banana Republic formerly known as the USA, WELCOME TO THE NEXT CHAPTER! WARNING! ALL FORMS OF SOCIAL MEDIA ARE ADDICTIVE; EXCESSIVE USE MAY LEAD TO MENTAL HEALTH DISORDERS, REDUCED JOB PRODUCTIVITY, INSOMNIA, SOCIAL ALIENATION, GENITAL ULCERS, BLINDNESS, POLITICAL EROTICISM, AND / OR DEVIANT FUNAMBULISM. NOTICE: NO GUNS OR AMMUNITION ARE FOR SALE VIA THIS BLOG. (No, I will not trade my Colt Python for some lubricious adventures with your trophy wife and a future first-round draft pick.) CAVEAT: This blog is not suitable for viewing while at work, while inside a public library, while inside any public or private school, or while inside any public or private restroom. Do not view this blog while driving a motor vehicle or while piloting an aircraft. Viewing this blog may be illegal inside the EU, NYC, Chicago, Seattle, and other parts of the Third World. THIS BLOG CONTAINS (albeit often very childish) ADULT-CONTENT. DISCLAIMER: This blog is a hobby, it is not a livelihood. Even though much of what I blog about relates to firearms collecting and recreational shooting, I am not an expert (by any measure) on any facet of guns, shooting, hunting, or personal defense. Entries at this blog are akin to good old-fashioned campfire chats or post hunt bourbon-fueled barroom-bluster; I offer no opinion on what you should or should not purchase, or what you should be using or doing. What does or does not work for me could be rugged-country-miles away from your tastes and your needs. All products, places, and miscellany that I review for this blog are purchased / rented / leased at retail price by me. I do not accept payment, gifts, discounts, freebies, products on loan, distilled spirits, recreational pharmaceuticals, plea-bargains, probation, parole, Papal Blessings, Presidential Pardons, or sexual favors for doing any review or blog post. TRACKING COOKIES: Google et al stick tracking cookies on everybody. If you are online, you are being spied on via one method or another, for one reason or another; 'nuff said. You may be able to minimize your online DNA residue by using Tor and Duck Duck Go. Vive la liberté! Vive all y'all! Ante omnia armari. To each of you, thanks for stopping by!

Sunday, May 6, 2012

Lake County, Illinois is taxing people out of their homes.



I’m hiring a legal firm this year to challenge my assessment.  I appealed my fair market value assessment in 1999 and won a small reduction.  Since then I suffered in silence.  The real estate boom years resulted in huge property tax increases.   Most of the folks I know in my neighborhood ask me the same question every year; “Are they going to lower our real estate taxes due to the radical drop in our property values?”  Many of these people are hanging on to their homes by only a wish and a prayer; a significant cut in their property taxes would be a blessing.

Well, the taxes on my three-bedroom house have dropped a bit but my wallet will still be $8,452.26 lighter after I pay my latest bill.  The assessor says the fair market value of my home is $264,120, even though no house in our subdivision, many of them bigger and nicer than mine, has sold anywhere near that amount.  The house next door (east side) sold for $124,000 last October.  It is time to put up a fight.


9 comments:

  1. Good luck. Couple towns over is having the same issue here....

    ReplyDelete
  2. Good luck on this issue. It may not prove easy to accomplish but may well be worth it. I pay a fairly high amount of property tax here in NY. Each year, many lawyers from around the area send me unsolicited flyers asking me to apply for a tax reduction. I am hesitant to do so since they say: 'You pay 50% of what you save on taxes to the lawyers no lawyers' fees otherwise.' What they will not tell me is if they have ever challenged an assessment and then had the house assessed at an even higher valuation with higher taxes. Not one will give me a straight answer on that.

    All the best,
    GB

    ReplyDelete
  3. Greetings from Texas,
    We have the same problem Zack. Darring the appraiser to find someone who will pay that for the house dose no good.

    ReplyDelete
  4. in michigan our taxes are less than 1/2 of yours. Not that michigan is the the land of the free but at least we have 'shall issue' - and you don't need a FOID. Maybe you should think about moving...

    ReplyDelete
  5. in michigan our taxes are less than 1/2 of yours. Not that michigan is the the land of the free but at least we have 'shall issue' - and you don't need a FOID. Maybe you should think about moving...

    ReplyDelete

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