Buyer beware of confusion over property taxes for newly built homes

Ilyce Glink

Buyer beware of confusion over property taxes for newly built homes

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Ilyce R. Glink is an award-winning nationally-syndicated journalist who writes about real estate. In a recent column, you wrote, “Are you accusing your builder of deliberately misleading you on how much your property taxes would be? That’s a serious charge.”Well, I live in Maryland, and I picked up a brochure for a “newly built” 3,075-square-foot home. The home is valued at $624,900 and the taxes are listed as $1,092.
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