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Mayor's "HOMES" taxpayer funded open house 2/24/13
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mikechristine1
March 3, 2013, 7:36pm Report to Moderator
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Forgot to provide this.

Wow, obviously the taxpayer dollars for McCheesy's monthly grand bus tour are drying up, only 5 houses in February.  But here they are; an again, the ones in green are are making repeat appearances because McCheesy has been UNSUCCESSFUL in selling houses.







Optimists close their eyes and pretend problems are non existent.  
Better to have open eyes, see the truths, acknowledge the negatives, and
speak up for the people rather than the politicos and their rich cronies.
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bumblethru
March 3, 2013, 9:06pm Report to Moderator
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Looks like mcmayor is not only a crappy mayor....he ain't to swift as at selling homes either!!


When the INSANE are running the ASYLUM
In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. -- Friedrich Nietzsche


“How fortunate for those in power that people never think.”
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benny salami
March 4, 2013, 6:44am Report to Moderator
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A circus distraction from fiscal collapse. If the taxpayers knew what was really going on they would storm City Hall. A bankrupt City heading for bankruptcy judges "led" by totally unqualified DEM hacks. Assessor that refuses to live in the City. Honest finance expert decamped in Glenville. Surprised no one wants to pay $9,000 a year for City residency -lol.
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rachel72
March 4, 2013, 6:55am Report to Moderator
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Quoted from benny salami
A circus distraction from fiscal collapse. If the taxpayers knew what was really going on they would storm City Hall. A bankrupt City heading for bankruptcy judges "led" by totally unqualified DEM hacks. Assessor that refuses to live in the City. Honest finance expert decamped in Glenville. Surprised no one wants to pay $9,000 a year for City residency -lol.


What was the figure of home sales before McCheesy came into office...over 310...now we're down to 200 something??? Even WITH these asinine open houses, free stuff and grand standing the DEMS can't GIVE the homes away.

You're right Benny, it's a complete distraction as to the decimated fiscal imposion the City is in. $9,000 in taxes...add another $2,000 ontop of your mortgage payments??? Who's kidding who.
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Madam X
March 4, 2013, 11:15am Report to Moderator
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The owners of these homes are being foolish as well. Houses comparable to the Garner Avenue one, in Niskayuna, dropped the asking prices to under $300,000 because the 'bubble' is history and there were no takers at the higher prices. So why would you list a house to begin with at a Niskayuna price,when it is on a street of nice but modest middle class houses, in Schenectady? The taxes for that house, because it is Schenectady and not Niskayuna, are not only higher, but WAY higher. People don't seem to realize this.
McCheese and some bankers and realtors cannot change the real estate market to work the way they want it to. We all saw what happened when this went on, on a larger scale, worldwide. Didn't last because it couldn't last.
I suppose I can't blame some of these people, though, if you can get some chump to market your house for you free, why not stave off reality for a while?
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mikechristine1
March 4, 2013, 1:22pm Report to Moderator
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Ah, that house on Oakland Ave, that was actually put up for sale on 1/29/10, asking $219,500.

Of course, the evidence shows that that virtually no one is willing to buy a house in Schenectady (sad but true), this house on Oakland, the asking price had been reduced by $20,000 by September 2010, and since there was no one willing to buy, it was removed from the market.

So it was listed again in October 2012, asking $199,900.  And six months later (far more than is than is normal for selling a house), still no one wants to buy it, and it's now down to $$193,000.

But how much does McCheesy insist the house will sell for?    $217,000.    The mayor has an obligation to the homeowners in the city to state why he refuses to reduce the assessments as there is more than enough evidence that proves 1,000% that home values are DRASTICALLY LOWER.


Oh, by the way, the owner of this house hopefully lost his illegal STAR exemption too.   It's owned by Ely, the former school super.





Optimists close their eyes and pretend problems are non existent.  
Better to have open eyes, see the truths, acknowledge the negatives, and
speak up for the people rather than the politicos and their rich cronies.
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Tommy
March 4, 2013, 1:47pm Report to Moderator

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I just checked the house on Glennwood Blvd.

$8,559 in taxes?
That's $713 a month!
Are they kidding? To live THERE?

My taxes in Niskayuna on a comparable sized house, though newer, and in a better neighborhood, is less than 1/4 of that.
It's paid off now, but my MORTGAGE wasn't $713, and the house is appraised at $165,000.


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TakingItBack
March 4, 2013, 2:10pm Report to Moderator
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Quoted from mikechristine1
Ah, that house on Oakland Ave, that was actually put up for sale on 1/29/10, asking $219,500.

Of course, the evidence shows that that virtually no one is willing to buy a house in Schenectady (sad but true), this house on Oakland, the asking price had been reduced by $20,000 by September 2010, and since there was no one willing to buy, it was removed from the market.

So it was listed again in October 2012, asking $199,900.  And six months later (far more than is than is normal for selling a house), still no one wants to buy it, and it's now down to $$193,000.

But how much does McCheesy insist the house will sell for?    $217,000.    The mayor has an obligation to the homeowners in the city to state why he refuses to reduce the assessments as there is more than enough evidence that proves 1,000% that home values are DRASTICALLY LOWER.


Oh, by the way, the owner of this house hopefully lost his illegal STAR exemption too.   It's owned by Ely, the former school super.





Another one....1131 Adams Road in the GE Plot.  Assessed by the city at $276,200.  Currently on the market with Prudential Manor Homes for $182,000.  A mass reassessmnt is need but this time they need someone to do it right.


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Tommy
March 4, 2013, 5:55pm Report to Moderator

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Quoted from mikechristine1
Ah, that house on Oakland Ave, that was actually put up for sale on 1/29/10, asking $219,500.

Of course, the evidence shows that that virtually no one is willing to buy a house in Schenectady (sad but true), this house on Oakland, the asking price had been reduced by $20,000 by September 2010, and since there was no one willing to buy, it was removed from the market.

So it was listed again in October 2012, asking $199,900.  And six months later (far more than is than is normal for selling a house), still no one wants to buy it, and it's now down to $$193,000.

But how much does McCheesy insist the house will sell for?    $217,000.    The mayor has an obligation to the homeowners in the city to state why he refuses to reduce the assessments as there is more than enough evidence that proves 1,000% that home values are DRASTICALLY LOWER.


Oh, by the way, the owner of this house hopefully lost his illegal STAR exemption too.   It's owned by Ely, the former school super.





The taxes on that house are $766 per month. Estimated mortgage is $675.
How can anybody justfy buying it?


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senders
March 4, 2013, 6:30pm Report to Moderator
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Quoted from Tommy


The taxes on that house are $766 per month. Estimated mortgage is $675.
How can anybody justfy buying it?


maybe it comes with the county food stamps/heap etc.....


...you are a product of your environment, your environment is a product of your priorities, your priorities are a product of you......

The replacement of morality and conscience with law produces a deadly paradox.


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Madam X
March 5, 2013, 5:18pm Report to Moderator
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I was looking at a couple of houses in Niskayuna, for comparison purposes. They are almost next door to one another. 2345 St. Joseph Drive, $240,000, taxes almost 7,000 according to Coldwell Banker. 2162 Orchard Park Drive, they were asking 249,900, just sold, taxes eight and a half thousand. Even Niskayuna dropped in price. Our esteemed mayor is trying to get foolish people to pay prices somewhere near the ridiculous assessments, or even over. Everybody needs a reval, not just Schenectady, but Schenectady's assessment wasn't even done right the last time. Everything here is so out of whack it is criminal. I really don't know how this can continue. What a farce. Completely indefensible. Highway robbery.
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Libertarian4life
March 5, 2013, 8:39pm Report to Moderator

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Quoted from Madam X
I was looking at a couple of houses in Niskayuna, for comparison purposes. They are almost next door to one another. 2345 St. Joseph Drive, $240,000, taxes almost 7,000 according to Coldwell Banker. 2162 Orchard Park Drive, they were asking 249,900, just sold, taxes eight and a half thousand. Even Niskayuna dropped in price. Our esteemed mayor is trying to get foolish people to pay prices somewhere near the ridiculous assessments, or even over. Everybody needs a reval, not just Schenectady, but Schenectady's assessment wasn't even done right the last time. Everything here is so out of whack it is criminal. I really don't know how this can continue. What a farce. Completely indefensible. Highway robbery.


2162 Orchard Park Dr has an assessment of $305,000

Yes, taxes are $8,415.43, but that is with a $30,000 Star exemption and a $36,000 Vet exemption.

The over assessed value outweighs both the exemptions.

The home is taxed at $275,000 for school taxes and $269,000 for county.

The over assessments should be grounds for a citywide lawsuit, for systematic embezzlement.


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Madam X
March 6, 2013, 11:43am Report to Moderator
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Yes, property owners need to explore legal avenues together, instead of individually, I think.
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TakingItBack
March 6, 2013, 12:04pm Report to Moderator
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Quoted from Madam X
Yes, property owners need to explore legal avenues together, instead of individually, I think.


McMaster owns 2 single family homes in the city.  Does he rent one out or is one vacant? If it is vcant does he pay the vacant home fee?


Life is tough, but it's tougher when you're stupid - John Wayne


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Libertarian4life
March 8, 2013, 9:01pm Report to Moderator

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Quoted from TakingItBack


McMaster owns 2 single family homes in the city.  Does he rent one out or is one vacant? If it is vcant does he pay the vacant home fee?


Don't forget the rental inspections too.

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