Miami real estate news and information

BUYERS BEWARE: DON’T PRESUME YOUR TAX ASSESSMENT WILL BE THE SAME AS THE SELLER’S

INITIALLY, WHEN YOU FIRST BUY A HOME, YOUR TAXES WILL MOST LIKELY  BE BASED ON WHAT THE CURRENT OWNER (SELLER) IS PAYING tax assessmentIN THE WAY OF TAXES…  THEY’LL BE DETERMINED BY THE ASSESSED VALUE …  FOR THAT  YEAR. 

YOUR PROPERTY TAXES (ONCE YOUR TAXES ARE RE-ASSESSED) WILL CHANGE,  BASED ON WHAT YOU PAID FOR THE HOUSE.  YOU WILL BE BILLED, BASED ON ASSESSED VALUE/MARKET VALUE… ACCORDING TO YOUR MUNICIPALITY’S  MILLAGE RATE.

FOR SPECIFIC INFORMATION ON PROPERTY TAX AND MILLAGE RATES IN FLORIDA, GO DIRECTLY TO THE GOVERNMENT SITES, WHICH OFFER SPECIFIC ONLINE INFORMATION, BY ADDRESS.

FOR HELP BUYING A HOME IN SOUTH FLORIDA, OR SELLING AND RELOCATING ELSEWHERE, CONTACT THE RESTIVO TEAM AT EWM.

VICKI RESTIVO: 305-793-1365 / ALEXANDRA RESTIVO: 305-632-0164

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