By TomL
I agree the county needs the money for infra structure. The only answer to the County tax is Impact fees, not for the builder but paid by newcomers.The newcomers are moving in… No Stampeding in here by the thousands. Crowding our roads and some times being disrespectful to current residents. The people wanting to move to Florida are here. The County needs County tax money to get ready for them and take care of the people already here. Stop trying to make your long time residents to pay for it!
IMPORTANT FACT: Actually the taxes is only a portion, as I have said to raise the taxes, the county raises is done by raising value of your home, the mortgage gets a great finance move they now have a house that is worth 3 times more than when they started and the insurance company’s pounces on it. They can charge more to insure this house that is now three times what it was value at when the mortgage started. They say they are charging replacement value. Guess who decides how much insurance you need on your home mortgage The Insurance company’s! With the county raising the value the insurance companies have a perfect storm to make a big profit. Board of County Commissioners please stop this! Turn your money raising efforts into a county assessment tax and don’t raise money on the back of the long time residents.
Think about it, if your home is destroyed, the concrete slab is still there, the land is still there. Most of the insurance company settle out of court and you lose money by making payment to them and lose money by making you settle for less. If you have a $150,000 home and the value goes up and you have to pay the mortgage company and the insurance company value your house for a $450,000 home “estimated by the insurance company” If your house is destroyed you should be able to collect all the money that they valued your house at, pay the bank the $150,000 settle your loan and build with what is left $300,000 and have a mortgage FREE home. I wonder if someone sued for this, what would the courts say? The insurance company says well you are trying to collect on a home that is 25 years old. It is well used! Then why do you charge more? Something must be done!
I have been talking to people on the west side of the county, who I am told gets the least from the county and the state. I have not verified that but I will. Long time residents of Marion County mortgage insurance is increasing at least $100 per month, that has been happening every year. So now it is compounding. Some residents have told me they have had increases of $200 per month, $2400 per year in two years, that is $4800 in two years and it will go up again. A residents on SS cannot keep up with that. Commissioners look at the for closers in Marion County and surrounding County’s.
County Commissioners your intentions are good but we must charge impact on the people moving in and stop charging the long time tax payers for the infrastructure for new comers!
PS from the net: WHO DECIDES WHAT YOU PAY?
“The insurance Company’s!”
