56. Ten years ago a vacant lot in a subdivision was purchase…
56. Ten years ago a vacant lot in a subdivision was purchased for $30,500. The owner hired a general contractor to build a home on the lot. The contractor charged $375,000. The homeowner is planning to refinance the mortgage. The bank recently appraised the home at $410,000. What is the value of the property?
Read Details94. A homesteaded property is located in Orlando, Florida, i…
94. A homesteaded property is located in Orlando, Florida, in Orange County. The city tax rate is 18.1 mills, the county tax is 9.3 mills, and the school district tax rate is 6 mills. The homeowner is blind and has qualified for homestead exemption. The home has been assessed at $195,000. What must the homeowner pay in property taxes?
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