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[+] What happens after a merger?? - Leigh Attridge/MA (7 replies)
4/11/2012 8:22:21 AM (3138 views)

[+] Comment on "Junior Lienholders Get The Shaft in Arizona, Part II" - Source of Title/OH (1 reply)
4/10/2012 9:39:11 AM (3109 views)

[+] Comment on "First American Title Insurance Company's National Commercial Services Division Introduces its Energy Group" - Source of Title/OH (2 replies)
4/9/2012 7:24:26 PM (3253 views)

[+] Eclipse Real Estate - Kenneth Signor/SC (1 reply)
4/5/2012 4:56:35 PM (3615 views)

[+] Comment on "Sticklers Win A Victory in the War Against Speed" - Source of Title/OH (4 replies)
4/4/2012 3:59:39 PM (2980 views)




Killing Cash - Leigh Attridge/MA
4/4/2012 2:37:54 PM (3992 views)

[+] Comment on "Another Potential Hidden Risk Posed by MERS?" - Source of Title/OH (1 reply)
4/4/2012 2:34:10 PM (2765 views)

Time to Sell the Penthouse. The Russians have Cash - Leigh Attridge/MA
4/4/2012 8:08:35 AM (4502 views)

Investors are Looking to Buy Homes by the Thousands - Leigh Attridge/MA
4/2/2012 9:57:21 PM (3977 views)

[+] Dead Beat Company - DEBRA POWELL/MI (2 replies)
4/2/2012 4:50:27 PM (3801 views)

[+] EXPRESS NATIONAL - Las Vegas - Anita Binns/IL (4 replies)
3/31/2012 2:38:13 PM (3806 views)

[+] Texas - Statute of Limitations for collecting delinquent property taxes as a subrogee - Shawn Heine/NE (1 reply)
3/30/2012 10:45:30 AM (3431 views)

[+] Comment on "NAILTA National Conference Agenda Features Prominent Speakers from Industry, Government" - Source of Title/OH (1 reply)
3/30/2012 9:01:25 AM (3046 views)

[+] National Real Estate - James Badertscher/OH (16 replies)
3/28/2012 4:47:58 PM (3705 views)

[-] An old joke - Leigh Attridge/MA (2 replies)
3/26/2012 8:49:15 PM (3102 views)
Re: An old joke - Wyatt Bell/FL
3/28/2012 7:18:35 AM (7191 views)

Leigh,

According to The Inflation Calculator $148.50 in 1958 dollars would equate to $1,195.00 in 2010 dollars. Probably a few percent higher in 2012 dollars.

This seems to follow the averages recently quoted of around $1,200 for a $200k home but Florida was around $2,100. You don't disclose the sales price on your parents' home to know the rate. And I'm assuming title insurance when it says search and examination, which was the method in a lot of areas before insured titles.

These fees-per-thousand and percentages-of-totals have automatic inflation adjustment in them. As the underlying property increases in value so do all the surrounding fees based on such.

I always wondered why taxes increase based on property values. It doesn't cost the city any more to operate, as an example, when my house may increase in value either by market condition demand or improvements.

 

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Re: An old joke - Leigh Attridge/MA
3/28/2012 9:26:04 PM (4037 views)


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