Agents Online Real Estate Forums, Discussion, Realtors Marketing Tips

Follow AgentsOnline on Twitter

Click Here to display our logo on your site and link to us!
AgentsOnline Real Estate Discussion Forums Logo

Good Ideas
Nusetlock.com




REO Prep Foreclosure Listings




BPO REO Secret System




How To Advertise Here

More Good Ideas!
real estate newsletters


Real Estate Websites for Realtors




Build your brand on a Real Estate Site





Facebook
Topic Options
Rate This Topic
#393684 - 11/01/11 08:36 PM CDD Assestments
zpcsc Offline
Veteran Member

Registered: 08/29/05
Posts: 751
Loc: Florida
I just had a previous buyer email me that she went to pay her taxes and a CDD assestment was added. Honestly, I had never heard of that. I did some research and it's a community development district tax. I told her that I had asked if there were any assestments and I was told no but that was by the association which is different, I also told her that when I checked the tax extimator in our county site that was not disclosed. So, for the future, how do we know of this assestment?

Thanks.

Top
#393693 - 11/01/11 10:44 PM Re: CDD Assestments [Re: zpcsc]
Home Seller Guru Offline
Member

Registered: 10/02/09
Posts: 207
Loc: Salt Lake City, UT
You say it was a previous client. How long ago did they purchase? There is no way to know of assessments that will be assessed after they take ownership. You would need to contact the authority that is doing the assessing and find out when they placed this on the property.

Top
#393704 - 11/02/11 06:57 AM Re: CDD Assestments [Re: zpcsc]
Vermont Offline
Major Contributor

Registered: 04/12/08
Posts: 4726
Loc: Vermont's North-East Kingdom
I can't predict the future.

I always make the current Owners' most recent tax bill available; and the Buyers' Attorney should discover any unusual encumbrances while doing a Title Opinion.

Once the property has conveyed, it's on the new Owner.
_________________________
Dale C. Hittle of GOLDEN RULE PROPERTIES in Glover, Vermont
Where We're Always Striving To Put Together "THE FAIR DEAL"

Top
#393712 - 11/02/11 09:05 AM Re: CDD Assestments [Re: zpcsc]
Kjmendy Offline
Veteran Member

Registered: 05/16/10
Posts: 709
Loc: London, Ontario
Best strategy would be to ask the Seller directly prior to making an offer.

Top
#393741 - 11/02/11 01:25 PM Re: CDD Assestments [Re: zpcsc]
pikes peak Offline
Major Contributor

Registered: 12/15/04
Posts: 2744
Loc: CO
Here are some answers about a CDD. (but maybe not what you wanted to know)

http://activerain.com/blogsview/24019/what-is-a-cdd-community-development-district

Top
#393801 - 11/02/11 08:54 PM Re: CDD Assestments [Re: zpcsc]
Aquaspace Offline
Junior Member

Registered: 11/02/11
Posts: 7
Loc: Shanghai,China
I don't know what's CDD.....

Top
#393824 - 11/03/11 08:15 AM Re: CDD Assestments [Re: Aquaspace]
Vermont Offline
Major Contributor

Registered: 04/12/08
Posts: 4726
Loc: Vermont's North-East Kingdom
Originally Posted By: Aquaspace
I don't know what's CDD.....

Pike's Link says it's ". . . A Community Development District (CDD) is a local, special purpose government authorized by Chapter 190 of the Florida Statutes as amended and is an alternative method for managing and financing infrastructure required to support community development.

"CDDs possess several powers as a legal entity, such as the right to enter into contracts; the right to own both real and personal property; adopt by-laws, rules and regulations and orders; to sue and be sued; to obtain funds by borrowing; to issue bonds and levy assessments."

There's more; read it yourself.
_________________________
Dale C. Hittle of GOLDEN RULE PROPERTIES in Glover, Vermont
Where We're Always Striving To Put Together "THE FAIR DEAL"

Top






Moderator:  Agent 007, RaquelMangual 
Google Custom Forum Search

This Google Custom search may do a better job of searching the forums for some keywords than the old forum search does. The results do not include threads from the Asset Managers Forum however. To search that forum you will need to be actually in the Asset Managers Forum and you will need to use the old forum search below.
Search

Good Ideas!
real estate newsletters




How To Advertise Here

Sponsors

Newest Members
CourtneyFields19, theshortsaledude, toorgeman123, D best Realtor, Nilufar Yeasmin
21439 Registered Users
Who's Online
8 registered (DueDiligence, barb43, Peace ☼, SBbkr, OrlandoAgent, REODayton, 1 invisible), 151 Guests and 3 Spiders online.
Key: Admin, Global Mod, Mod
Shout Box

Top Posters (30 Days)
Vermont 78
KingofBPOs 55
Brit16 51
super realtor 37
DueDiligence 36
Bigtoe 35
Averis 34
johnnyloans 34
SoldWithVideo 32
Kjmendy 29
RIzwan 29
Scintillion 25
75Corvette 25
Doin' bpose 24
Brad - W4BJM 23
(Views)Popular Topics
No new orders today 4758199
I MAKE 100 COLD CALLS EVERY DAY & LOVE IT! 2708334
Stupid MLS comments. 959123
EML 458010
Evalonline 299689
What do you know about Froy Candelario, top agent in USA 291088
Land America 285007
New HUD Listing Brokers---Any Update? 269792
Mainstreet 261768
Pay it Forward - BPO/REO Tips & Tricks I & II 239431
Stupid QC comments and BPO requirements. 230798
Is there religious content in Buffini class? 225898
FARVV 177251
REOTRANS 160818
Let's talk about our cars 147832
USRES / RES.NET 147658
asset val seminar in colorado 144137
AVM Bpos 139643
FARVV 126764
PAS 118332
Featured Member
Registered: 10/14/11
Posts: 54

How To Advertise Here


This site presented by RNC Internet Services