Delco reassessment ruling could spread to neighboring counties

Delco reassessment ruling could spread to neighboring counties
A Delaware County Court judge’s ruling that the county must reassess all 200,000 homes within its borders could lead to similar actions in neighboring counties. The county’s last reassessment, conducted in 1998, was also court-ordered, and was spurred by reassessments in Chester County. According to the Inquirer, only about 30 percent of Delaware County properties are assessed reasonably accurately, based on legal standards. The ruling was prompted by a lawsuit filed by two pairs of homeowners from Haverford and Rose Valley who protested tax bills that turned out to be illegally high. “[T]here was a tremendous variation among property owners in the county in terms of their taxes compared to their fair market value of their homes,” said John J. Murphy, a lawyer the homeowners behind the suit.
Source: Philadelphia Inquirer; 3/31/2017

Courtesy of:

Steve Sisman
CSP, e-Pro, REALTOR,

Designated Short Sale and Foreclosure Resource,

Certified Short Sale Master Default Intermediary,

Certified Real Estate Divorce Specialist,

Associate Leadership Counsel Alumnus,

a member of the Delaware County Chamber of Commerce,

a member of the Delaware Small Business Chamber,

VP of the “Little Shul” (CYSEI)

PA Lic# RS218928L DE Lic# RS-0016238

Weichert

610.565.1300 main PA

302.992.9500 main DE

610.357.6101 preferred

606 E. Baltimore Pike, Media, PA 19063 * 610.565.4599 fax (PA)

4760 Limestone Road, Wilmington, DE 19808 * 302.992.9815 fax (DE)

steve@stevesisman.com * http://www.SteveSisman.com

A caring professional…

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