Prop 100
Attention Arizonan's! Usually we do not stick our nose into politics. This time is different. Prop 100 wants to allow the government to impose a real estate transfer fee. They say it will only be .10%. But what happens when that goes up? Or when the county, city and federal government's want to get in? Say it gets up to 1% (like other states). If your home is worth $250,000, you pay $2500. This is on top of your property taxes. This bill is not only for selling the house rather the tranfer. If you put your property in a trust, then you pay. What about inheritance? Tax up front and when you sell? A transfer tax will also slow the market down if gets up to a percent
To make sure they don't do this and hurt home values vote YES on 100 on November 4, 2008.
To make sure they don't do this and hurt home values vote YES on 100 on November 4, 2008.
Home page:
http://www.villagelandshoppe.com Also see: http://www.greenflagstaffrealestate.com & http://www.flagstaffrealestateblog.com

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