Re: A bad real estate deal

From: Rich Carreiro <rlcarr@animato.pn.com>
Subject: Re: A bad real estate deal
Date: Thu, 14 Jan 1999 21:02:15 -0500

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>Thanks for offering comfort, but I just checked with the assessor's office
>and in our state (Mass.) the assessment has to be the full value of the
>house.

Not quite.  MA law only says that assessments need to at least 90% of
market price.  Some municipalities assess toward that end, others
assess toward the 100% end.  Arlington (where I live), for instance,
appears to assess at the low end of the allowable end.

Rich Carreiro
rlcarr@animato.pn.com
P5-100/RedHat Linux 4.2

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