http://www.cityofschenectady.com/pdf/Key%20to%20the%20City/HOMESFairFlye2013.pdfSee on the bottom. "Get all of your housing questions answered."Can you see it now. "Mr Mayor, I'm looking at such and such house, you have it assessed for $150,000, it's been offered for sale for a year and the price is down to $80,000. Will I get my assessment lowered to the real value of the house?" "Mr Mayor, is all this home buying going to help hold the line on the taxes or is this just going to help put mor money into the hands of Galesi and friends?" "Mr Mayor, I have a payment table in front of me. By these numbers, the value of my house even by next year will be worth less than I owe on it, that means I will be underwater on my mortgage. Will the city or the realtors or the banks come to my rescue for a loan modification of any sort?" "Mr Mayor, if I need to sell because of job relocation, or some other non-choice reason, and since home values are falling in the city, and if I can't sell my house for what is owed on it, do you have it worked out with the banks that I will absolve me of the amount owed in excess of the sale price?" Get ALL of your housing questions answered?  What a joke! |
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