Should we be thankful.. or not??

jym626
Sun, 23 May 2010 08:38:18 +0000

So what things have you appreciated, but realized was a double edged sword?

Yesterday we got in the mail the reappraisal of our home for tax purposes. It was lowered by about 15%. First reaction-- YAY!!! Our taxes will go down and we didnt have to do a thing-- no application, appeal, nada! I feel sorry for the people who paid someone to file a tax reappraisal/appeal (realtors were offering this service).

But then I had this sinking feeling-- our house value has declined. Well yes-- thats obvious in this economy, and no, we aren’t planning to sell anytime soon, but still, I felt a sting. To see it in black and white ws not a great feeling. So while I was happy on the one hand, I was unhappy on the other. What experiences have you had like this?