Posted by Lloyd on September 15, 2005 at 15:40:01:
this happens in all areas of the USA.
A land trust can be used to avoid the re-value deal if you really want to but most sellers will not want this done as the trust must be in their name and then they assign the benificial interest to you. Look into land trusts for more info.
Is there any way to transfere title without having the property re-valued? I am buying a home in an area that when the property is re-valued the taxes will go up drastically. I was just wondering if I could side step this event somehow?