Homes Priced Below Tax Value


Below Tax Value
Periodically, houses are appraised for tax purposes. In Mecklenburg county, they use the full market value as the tax value. In other counties they may use a percentage of market value. Those homes priced below the tax value can be great bargains for home buyers! The MLS system does not enable Realtors to search for those properties priced below tax value. But at McGary & Associates, we take the entire database and compare each home's asking price to its tax value, and make a list of those bargains! Only McGary & Associates has lists like this! Come see why our buyers have more knowledgeable choices than any other buyers in the region! Call us today!
* Homes pictured are not listed by McGary & Associates but are representative of the types of homes we help people buy and the types of financing we help arrange. Monthly $ figures are based on first year estimated Total Cost of Ownership for a $200K house with $0 down using a first year 2/1 buy down interest rate of 7% (9.8% APR), 30 year amortization, assuming 3% appreciation, a 28% tax bracket, homeowner's insurance of $400/year, $150 for miscellaneous and a tax mill rate of $1.65/$100 of sales price. Compare this Total Cost of Ownership to what you pay in rent, and Call Us Today!

Below Tax Value