Buying or Selling a Home/RE taxes


QUESTION: Well, I just hope your better at math than I am.

So my husband and I are thinking of buying a home in Live Oak Florida. I called about the taxes so I would know for sure rather than relying on the seller. Anyway, the tax collector told me the rate and how to figure it out. I just multiplied the numbers times the valuation of the property.
I came out with 1074.474

I tried to ask on the phone what it meant and the guy was a bit on the rude side. 'Look Ma'am, you asked me how to figure it out and I told you'

so I thought I'd ask you. Does that mean taxes are over $1074 a year?

ANSWER: Hello,
Sorry they treated you this way, I would let the Tax administrator and County manager know in your County.

As for tax bill, go online in your county, via their gis site, (your county name and gis, this is the information site, you can also call and ask them to walk you thru the gis site, there you can find a lot of information.

As for your tax question, rate x value. Keep in mind, rates and values change.

You did not send me the value, so I cannot tell you you if you are right , but I bet you are. Good luck, Let me know if I can be of further help.
Marvin Bobbitt

---------- FOLLOW-UP ----------

QUESTION: the tax rate they gave me over the phone was 0.0656563
the value of the home is $64,995.
That is the asking price. I understand that taxes go up every year.

The rate they give are you sure it is right? If so, your County rate should be .66 per 100 value?
If you don't mind,call back and verify rate, then you take rate x assessed value.

You do have to get rate per $100 value 0.0656563  rounds up to .66 for county rate.

I do not know all the ins and out for FLA.

Call back and ask the question, I am thinking of buying the home located at (address) can you give me any information regarding the taxes here?  and how much at the current assessed value.

Hope this helps.

Buying or Selling a Home

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Marvin G, Bobbitt III


Can answer questions about Real Estate in North Carolina. Professional Real Estate Broker,REALTOR Residential Real Estate,Professional Advising,Commercial Real Estate, Estates,Property Estates,Issues regarding real estate and the County Tax system,Bank owned properties, REO/Foreclosures and Investment properties,New homes & re-sale home sales,Management of Investment properties,1031 tax deferred exchanges, Profit enhancement within investments,Investment property advisor,North Carolina agency and required forms and disclosure.Difficult sisuations within real estate.


29+ years Professional experience. Experienced in property estates and real estate transactions in the Durham, North Carolina area only.Residential Real Estate, Professional Advising,Commercial Real Estate, Estates, My experience covers a vast range of real estate services.Due to my personal training by Frank Ward for over 20+ years.In residential,commercial,sales and leases, I have had the opportunity to work and learn with some of the best in the business. Estates have become a specialty to me.

Active Member of the Durham Association of REALTORS. Past BOD for Durham Regional Association of REALTORS. Active Member of North Carolina Association of REALTORS. Active Member of the National Association of REALTORS. Active Member of Triangle Multiple Listing Service.

Durham Herald

Graduate; Durham Public Schools Graduate; North Carolina Central University. Appointed; Real Property sale Commissioner/ Durham County N.C Clerk Of Superior Court, Honorable Archie L.Smith, III, Durham County NC. Completion of the following North Carolina Real Estate Courses. North Carolina Real Estate School Fundamentals. North Carolina Real Estate Broker Classes. Completes Continuing Education classes annually as directed by the State of North Carolina Real Estate Commission. North Carolina Real Estate Licenses active 06/31/2017 NCREL #144640 R-1 Real Estate Appraisal. R-2 Valuation & Principles & Procedures. R-3 Applied Residential Property Valuation. G-1 Income Property Appraisal & Valuation. Completion of Notary Public Classes for the State Of North Carolina. Active Notary Public for Durham City/County, North Carolina. Active until; 06/16/2020

Awards and Honors
20+ YEARS EVERYDAY PERSONAL TRAINING BY;FRANK WARD. Appointed; Real Property sale Commissioner/ Durham County N.C Clerk Of Superior Court 2010, Honorable Archie L.Smith, III, Durham County NC. Admited member; all experts 2009.

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