Posted on 09/08/2013 5:12:21 AM PDT by maddog55
Actually they reappraised about two years ago so I am paying based on 250, so not too far off.
I am in a rural area 75 miles W of DC and when the housing stopped skyrocketing there (it is still high but not rising), the second / retirement home market out here crashed and took everything else down with it. Hopefully we have seem the bottom of that.
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