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Jiju James
  • Dallas, TX
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Is sales price disclosure necessary?

Jiju James
  • Dallas, TX
Posted

Hello, Is sales price disclosure of a property necessary? Won't it simply increase my property taxes? 

Thank you for clarifying. 

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Tom Keith
  • Investor
  • Longview, TX
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Tom Keith
  • Investor
  • Longview, TX
Replied

@Jiju James  Hi, yes they can use this information to adjust taxes.  They will always get around to it anyway and this information can be assertained by other methods.  So I just fill it out and if there are any extinuating factors about the property I put that in writing to the county also.   Hope this helps somewhat.  

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