Apparently homeowners in Westchester now have a third thing they can count on - exponentially increasing property taxes. White Plains NY is a case in point. Taxes have been marching to new heights each year.
Over the past four months, I've had five transactions with one particular big-box bank. All save one were a complete nightmare. all I ever get from the powers that be at any Big-Box Bankmart is snarky arrogance bordering on disdain. Its pretty simple....Big-Box Bankmarts pretty much feel that they are in full control of the situation.
It was just a few years ago that White Plains enjoyed significantly lower property taxes then the rest of the county thanks mostly to our large commercial and retail base. But even though that base has increased, the number successful certioari actions has also increased exponentially. The net result has been a shrinking tax base in the commercial/retail sector pushing the lions share of the burden on homeowners. Most notably: owners of single family homes. Although there was grumbling during the housing boom - residents were mollified by increasing home values. Now that that bubble has burst, the tax bubble has become the elephant in the room.