Real Estate taxes/assessment on short sales

Does anyone know if the tax appraiser would reduce the existing assessed value on a home if the purchase price was less than the current assessed value? Just wondering what would happen w/a short sale bought at below market value, assessvalue, that is stuck w/a high tax bill? Does anyone have any experience w/this recent phenomenom?
  • Question refers to 504 Christor Pl, Orlando, FL 32803
  • April 12 2008
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