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Aniticipating Changes to This Estimate
If the assessor evaluation is more or less than your acquisition price, you may want to be prepared for a future change in property taxes.
If you are putting down less than 20% (25% in the case of condominiums) you may have an additional cost in the form of private mortgage insurance.
If you are building new construction, the current tax assessor value will be land only until the price of the home is assessed as an improvement.