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Revolt files in federal court Incline residents sue assessor again --------------------- KEEP READING!! YOU WILL LIKE IT!! ALERT: #170 Dear Incline Village & Crystal Bay Property Taxpayers, Many of you have suggested, over the last six years of this battle, that we file a Complaint in Federal Court. WE JUST DID!! This afternoon, Attorney Fulstone filed a Complaint for Injunctive Relief against Washoe County, the Washoe County Assessor, Josh Wilson, and the Washoe County Treasurer, Bill Berrum. This legal action pleads that the Federal Court find as follows:
HOW DOES THIS AFFECT US? The six named Plaintiffs, “… are owners of real property at Lake Tahoe, in Washoe County, Nevada, and are bringing this action for themselves and other similarly situated taxpayers.” This is a “class action” lawsuit on behalf of all of the residential real property owners in the Incline Village and Crystal Bay area. We all owe a debt of gratitude to the Plaintiffs who allowed their names and properties to be used in an effort to protect your constitutional rights; as well as to our Attorney, Suellen Fulstone, who agreed to undertake this herculean task. The full Complaint can be accessed by clicking on the following link: www.nevadapropertytaxrevolt.org/08/VillageLeagueComplaint.pdf Please do not telephone Attorney Fulstone; she is unbelievably busy, as you can imagine. However, a note of thanks would certainly be appropriate. Suellen Fulstone Email: sf@morrislawgroup.com Fax: 775-829-6001 We told you to watch your Alerts for an important announcement that was to come. This is as important as it can get!!! Stay tuned!! Sincerely, Maryanne Ingemanson, President ------------------------------------ NOTICE TO ASSESSOR WILSON!! ALERT: #169 Dear Incline Village & Crystal Bay Property Taxpayers, In spite of Washoe County Assessor Wilson’s protestations to the contrary, yesterday’s Reno Gazette-Journal newspaper accurately reported that the average price of a home in Incline Village dropped by 31%. And, sales of homes that sold for $1,000,000 or more decreased by 73%, while sales of homes that sold under $1,000,000 decreased by 50%. (See below for excerpts of the article.) These are staggering numbers, yet the Assessor doesn’t think that the housing slump has affected the Incline Village/Crystal Bay area; therefore, our taxes should continue to increase!! He also has stated that no matter how much further the price of homes continues to decrease; the taxes owed by the homeowners will continue to increase by 3% per year. This is difficult to understand, to say the least. Given the information that was released today, I would suggest that you write or call the office of the Washoe County Assessor and ask for an explanation from Assessor Josh Wilson.
There will be more news in the near future watch for your email Alerts. Sincerely, Maryanne Ingemanson, President ------------------------------------ Village League to Save Incline Assets Board Members:
Village League to Save Incline Assets, Inc. . Reno Gazette-Journal, excerpts of the article on page 10A, 4/18/08 Average Tahoe home price drops below $1 million The average price of homes throughout Lake Tahoe dropped below $1 million for the first time since 2004, with home sales at the lower end of the market seeing a significant increase in some areas. ………. According to Chase International's first-quarter 2008 Tahoe-Reno statistics, the average price for a home at Lake Tahoe is now $909,919, a 38 percent drop from the previous average. Median home prices decreased 25 percent to $662,172. ……….. Incline Village: Some of the biggest decreases were reported in Incline Village, which reported a 73 percent decrease in sales volume and a 61 percent decrease in units sold. Sales of Incline Village homes under $1 million were down 50 percent while sales of homes priced above $1 million were down 71 percent. The average price of an Incline Village home dropped 31 percent to $1,120,266, while the median price dropped 21 percent to $898,688. ……… # # # .x |
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