The Buncombe County Tax Office has announced that real estate taxes will be reassessed in 2017. Notices of new property tax values will be mailed to property owners in February. Why is this Happening Now? As discussed before on this blog, counties in North Carolina are required by statute to reappraise properties at least every 8 years, and no sooner than every 4 years. Our last assessment was Continue Reading
Asheville Real Estate Market
How a Real Estate Agency Works in North Carolina
In Western North Carolina, there are 3 primary ways a real estate agent can represent a buyer or seller in a transaction. These are Seller's Agent, Buyer's Agent, and Dual Agent. Seller's Agent The seller's agent, or listing agent, is just that. He or she works for the seller and is trying to sell the listed property. Frequently, buyers call seller's agents to show them a house. This is Continue Reading
How Asheville Area Property Taxes are Assessed and Calculated
Real Estate Tax Timeline Buncombe County property tax bills are sent out in September of each year, and are for the current calendar year. So, the bill you receive in September is for the calendar year January - December. It is considered "due" when received, but is not "late" until early January of the next year. Here are some tips about how the Asheville area property tax is assessed and Continue Reading
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