Almost 50,000 San Diego Residents Delinquent on Property Taxes
San Diego property tax
San Diego County Treasurer-Tax Collector Dan McAllister said today that 46,751 San Diego County residents were delinquent on, or have not paid, their property taxes. Delinquent taxpayers in the county owe more than $289 million in back taxes.
This sure sounds bad, but, the good news is that this year’s figures were actually lower than last year. Last year, the county sent out more than 50,000 tax default notices.
Dan McAllister said: “The number has decreased, which demonstrates that more people are stepping up to protect their single most important investment, their home. We are confident that the number will improve once taxpayers receive these notices.”
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The Truth About The Real Estate Market
San Diego Little Italy Condo
What a conspiracy theorist would say: Real estate news, the positive information seems to be coming from only people who cannot afford to tell you the truth. The Obama administration cannot afford to come forth and tell anyone that housing prices could continue to decline as that would stop any sales that are presently occurring.
The real estate industry cannot tell you the truth for fear that they won’t make any money. The banks/financial institutions want to mislead you into believing they will help you so they can collect information on you to use against you or to do so little for you and maximize returns for them (dont forget, if your 400k loan is secured by 200k value, they already lost the 200k and yet they negotiate from strength).
Individuals need to be smarter and evaluate for themselves. Don’t try and catch the knife, you will most likely will get cut.