what is a tax assessment

Profile picture for user0232360
If  a house is being sold for 79,000 and its assesment says 40,000 is that what it is worth
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February 16 - Franklin
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Profile picture for SoCal Appraiser

Dont get assessment and value/worth mixed up, they are rarely the same.

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February 16
Profile picture for the_country_hick
Not necessarily. It might be worth more or less. The tax assessment could be out of date or just wrong from the start.
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February 16
 

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