How do property taxes work in the Outer Banks Real Estate market and Corolla Real Estate market?
Property taxes are what most homeowners in the United States pay for the privilege of owning a piece of real estate, on average 1.5 percent of the property’s current market value. These annual local assessments by county or local authorities help pay for public services and are calculated using a variety of formulas.
Related Questions
- Do I need a home inspection before I purchase a home in the Outer Banks Real Estate market or Corolla Real Estate market?
- Why should I use a real estate agent to purchase a home in the Outer Banks, Corolla, Kitty Hawk or Southern Shores area?
- How is a home“s value in the Outer Banks Real Estate market determined?