VLA COMMENT:In a nutshell (and so much more…must watch until the end):
The new Fraud: Counties across the country (now 47 states are involved) are raising reassessing homes, increasing their valuation, in order to raise property taxes to meet their budgets.
How they do this…is that the yearly budget is given to the Tax Assessor’s office and told to figure out how to meet the budget. The Assessor then artificially reassesses the homes in the area (by alot) in order to raise the taxes to comport with the budget. The homeowners who can barely pay their mortgages and credit card debt not only can not afford the property tax but the insurance on their house goes up as well. Then the house goes into foreclosure and the sharks attack! “You will own nothing and be happy”