Another staff appraiser who does not know the law

From Fort Bend County

It appears another staff appraiser is unaware that a new law was enacted by the legislature in 2009 with regards to including foreclosed property when determining the value of property. The staff appraiser from Fort Bend County CAD was recorded on tape saying that foreclosed property is not included when determining values. The chief appraiser is trying to CYA by saying that foreclosed property is included. However, when you do the math based upon the comparable sales in the area for some reason the CAD increased property values. Imagine That! And you still believe the executive board responsible for running the district and who's members come from the boards of the governmental entities that receive the tax money from the values placed on the property don't instruct the chief appraiser to raise values when they feel they need more property tax revenue?

Come on..............don't let them keep pulling on your leg! Camp County had an increase in taxable value as well for 2010. Just hard to believe that anyone would have an increase in value when the real estate market is in the tank. An individual the other day informed me that they had never seen so much property on the market in Camp County and he has lived here all his adult life. Said Titus County was even worse than Camp for amount of real estate on the market.

http://www.chron.com/disp/story.mpl/metropolitan/7173519.html

"dozen homeowners are suing the Fort Bend County appraisal district for allegedly violating a new state law that mandates foreclosures be included in assessing the value of their homes for taxes."

"The district representative, who denied my request for a major reduction, told me at the tape-recorded hearing that foreclosures aren't being considered. They aren't in the database,"