Local governments collect property taxes to fund public services, such as schools, fire and police departments. The county or municipal assessor is responsible for determining the fair market value of commercial and residential property for tax purposes. This assessment should equal 100 percent of the current fair market value of the property. The valuation is […]

It seems 2009 was more memorable than anyone hoped it would be as it pertains to the housing market. A record number of foreclosure notices went out in 2009, and more are expected in 2010 to break 2009’s record; how scary is that? There were around 2.8 million foreclosure notices that went out in 2009. […]