A common question I have received in the past is, “The tax assessed value is this, why should I pay more than the tax assessed value?”. It’s very simple really. The tax assessed value is NOT the actual value.
According to Google Web Definitions Tax assessed value is defined as:
It is the number on which the seller’s property taxes are calculated. The number is found in the county courthouse where taxes are assessed. Tax-assessed values are updated every few years, but they may not reflect actual current market values, especially in rapidly appreciating markets.
The actual value of a property is based on the surrounding area, zoning, buildability and future potential for all of the above. That is why vacant land is such a good investment. As the United States population grows, the value of every piece of vacant land grows. Everyone needs a home and every home needs a piece of land to sit on (even mobile homes need a place to park). All of our lots are buildable and many of them have utilities are ready to go. So, what are you waiting for? Settle the matter today! We have properties starting at just $33 down. Begin your real estate portfolio today!
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