Quoted Text

The city does not keep a record of the private properties sold through the HOMES program, but Mayor Gary McCarthy said he believes nearly 100 percent of them have sold.  

   “It’s hard to track the specific houses that end up on that open house list compared to the overall market,” McCarthy said. “Almost every house that has been on the HOMES list has been sold.

Houses on the HOMES program 2014

There were 77 houses in the taxpayer funded gala bus tours in 2014 (and 20 appeared multiple times).


Houses that sold

There were 23 houses that actually sold, NO WHERE NEAR 100%!!!   Rather the TRUTH is that only a paltry 30% of the houses (in 2014)the mayor tried to sell actually sold!

Only 5 sold for more than the assessment value, which means 18 had sold below what the city assesses them for (most SUBSTANTIALLY below), thus houses are grossly overassessed.

Eight homeowners bought their houses less than 10 years ago and already decided to flee this city, put their houses up for sale; and only 3 received a return on their investment and only very very small return at that, the rest lost money on living in the city.

Houses in 2014 that owners gave up, no longer offered for sale


There are 31 houses  the owners have given up and removed the listings.  Out of these 31 houses, the most recent, i.e., reduced, asking price on more than two-thirds of the houses was a substantial amount below the assessment value and their houses STILL wouldn’t sell

Based on the empty houses, one-third of these 31 who tried to sell have already fled the city (some have been made available as rentals)

Then 14 homeowners had bought their houses less than 10 years ago and 7 of them already reduced their asking price to an amount below what they purchased their houses for, proving again the current leadership has caused people to lose money on living in the city.  The other 7 gave up trying to sell before their asking price fell below what they bought their homes for.

Houses that are still listed

There are 23 still listed and 5 of them have appeared multiple times on the tour.  Of those 5, one has been listed for a whopping three years, two of them for about 2 ½ years, and another just shy of 2 years.  


And LOOK!!!   All but two have current asking prices WAY WAY WAY BELOW the assessment amounts AND STILL NO ONE WANTS TO BUY!!!!!

Where did the mayor learn how to do math?

Do these numbers indicate that people are "investing" in the city (as the mayor's SOLE cheerleader claims)????    Remember, these people are getting "bribes" to buy houses in the city, they are getting handouts from the taxpayers courtesy of the mayor.  Doesn't anyone know how the mayor's SCAM works?  Buyers are getting taxpayers' money to cover the down payments.  There's no PMI (which means when the people default, guess who pays!).  Then they have the handouts from the taxpayers to fix up their houses (while the long time taxpayers have no money to fix their own houses).  Then there are the ones who get some "loan" of up to $20,000 of which 75% of the loan does NOT have to be paid!


Remember, taxpayers in the city are getting fleeced.   In return for paying the taxes of the millionaire political cronies of the city/co/plex leadership in the city and subsidizing their flashy new/renovated buildings, the homeowners cannot fix their own homes!  

In return for the mayor increasing the taxes (forcing homeowners to pay the taxes of his cronies), the mayor is cutting ESSENTIAL SERVICES to the homeowners by failing to plow snow, failing to keep streets paved, cutting police, and cutting the absolutely essential service of failing to keep the assessments current!   He claims there is no money to a reassessment, but how come there IS money for the handouts to his cronies?

The city is in a ASOLUTELY DESPARATE NEED to have a citywide reassessment done!!!    But a reassessment would prove that the city/co/plex leadership has caused SUPER MASSIVE reduction of home values, and prove that downtown is NOT helping the city one teeny weeny bit.

Um

Quoted Text

The city does not keep a record of the private properties sold through the HOMES program, ...

   “It’s hard to track the specific houses that end up on that open house list

A mayor who uses taxpayer dollars to try to sell houses and he and his staff can't keep track of what is done with the taxpayer money?   No wonder he just keeps adding every year to the budget for selling houses!   Obviously his finance people are TOTAL NINCOMEPOOPS, TOTAL INCOMPETENTS.

A grade school child, even in the lousy failing Schenectady schools, would be able to figure out how to track the houses in the program that sell!



What is wrong with this mayor?



The worst thing is that people in the city fall for his lies and keep voting for him.   But there is one cheerleader of the mayor that is smart -- it's DV who wants absolutely NOTHING to do with living IN the city    

Quoted from mikechristine1

Where did the mayor learn how to do math?

Do these numbers indicate that people are "investing" in the city (as the mayor's SOLE cheerleader claims)????    Remember, these people are getting "bribes" to buy houses in the city, they are getting handouts from the taxpayers courtesy of the mayor.  Doesn't anyone know how the mayor's SCAM works?  Buyers are getting taxpayers' money to cover the down payments.  There's no PMI (which means when the people default, guess who pays!).  Then they have the handouts from the taxpayers to fix up their houses (while the long time taxpayers have no money to fix their own houses).  Then there are the ones who get some "loan" of up to $20,000 of which 75% of the loan does NOT have to be paid!


Remember, taxpayers in the city are getting fleeced.   In return for paying the taxes of the millionaire political cronies of the city/co/plex leadership in the city and subsidizing their flashy new/renovated buildings, the homeowners cannot fix their own homes!  

In return for the mayor increasing the taxes (forcing homeowners to pay the taxes of his cronies), the mayor is cutting ESSENTIAL SERVICES to the homeowners by failing to plow snow, failing to keep streets paved, cutting police, and cutting the absolutely essential service of failing to keep the assessments current!   He claims there is no money to a reassessment, but how come there IS money for the handouts to his cronies?

The city is in a ASOLUTELY DESPARATE NEED to have a citywide reassessment done!!!    But a reassessment would prove that the city/co/plex leadership has caused SUPER MASSIVE reduction of home values, and prove that downtown is NOT helping the city one teeny weeny bit.

But the city wide reassessment wont lower the average tax bills.  It will just distribute the taxes more fairly.  Remember, some are under assessed.  Look at 1056 Gillespie Street.  

I think the tax rate might skyrocket with a reassessment, MC1 can confirm or deny(expert on those issues) Possibly issues with the amount that could be legally raised from property tax also if the total value fell too much? Street conditions, came up Brandywine
from 890 to Bradley, horrible condition, some real wheel busters. From there on I believe it was one of the skimmed over streets, that wasn't bad. I did notice the crosswalk at Watt and 7, crossing Watt, had been filled in with blacktop. I'm sure other cities have
issues with roads, however we live and pay taxes here. Highways around here aren't no bonus, when your cd player starts skipping, it's bumpy. Pretty much radio only in the city.

Despite the sniveling and whining of the nayboobs (in particular the cowardly liar who thinks he/she is an expert on everything under the sun but barely knows what is going on in the mushroom patch that trolls like he/she lives in) people are investing in Schenectady by buying homes, opening businesses and investing in new development or redevelopment projects.  The nayboobs call anything that doesn't conform to their distorted and eternally negative view a reality a lie.  
All the while, the GOOD, HARD-WORKING, POSITIVE THINKING people (who actually LOVE their community)  of the City-County of Schenectady keep moving forward and making their community a better place to live, work and enjoy life.  The RENAISSANCE continues.

I am proud to live in the City-County of Schenectady, enjoy working IN the city everyday and look forward to the day that arbitrary and obsolete municipal lines are erased and we can all live INSIDE the city limits.

Quoted from TakingItBack

But the city wide reassessment wont lower the average tax bills.  It will just distribute the taxes more fairly.  Remember, some are under assessed.  Look at 1056 Gillespie Street.  

That is true.  It will distribute the taxes FAIRLY (assuming houses are assessed correctly and not based on what McC's stooge Mary Mary would claim, I mean she is such a big nut case that even when grievants present 100 comps in the same neighborhood that have sold for 30%, 40% lower than grievants' assessments, Mary STILL says "denied, insufficient data.

Then what is needed is for the millionaires downtown to pay their FULL SHARE of taxes instead of the families with household incomes of the normal $40,000 being forced to pay the taxes of the millionaires, that will lower the tax bill

The mayor has an obligation to explain WHY he thinks it's appropriate to use the lame excuse that there is no money for doing a citywide reassessment when he takes the money from homeowners and spends it on his millionaire political cronies.

Quoted from Dirt2

I think the tax rate might skyrocket with a reassessment, MC1 can confirm or deny(expert on those issues) .

Yes, the tax RATE will increase with a reassessment assuming most reassessments go down, which of course they will because the city/co/plex leadership have caused MASSIVE DROP in property values.

But a reassessment is an ABSOLUTE NECESSITY because the current situation is:

-- the rich political cronies are exempt from paying their FULL share (their FAIR share) of taxes.
-- businesses can more easily afford to pay an attorney to fight their assessment (business expense that can probably be deducted, and if really necessary they can increases costs to get the revenue they need to pay for an attorney.  Homeowners do not have that luxury
-- When these businesses, like the one downtown that paid their fancy schmancy expensive attorneys to get their assessment reduced from a whopping $1.6 MILLION to just under $300,000, get these humongous reductions, it shifts that tax burden onto the financially struggling homeowners.
-- Some people have the knowledge to go to SCAR, be so extremely detailed that they win, but again, when two identical houses are assessed for $100,000 and they pay exactly the same in taxes, and one homeowner grieves and gets reduced to $70,000, then the one who does not grieve pays more than their fair share of taxes and the one that did grieve is paying less than their fair share.


But here in Rotterdam, prior to the last assessment, we had a tax rate of around $300 per thousand (I'd actually have to look at the old tax bills to tell you exactly and compare them with what they are today).  However that was because the town assessed at partial value instead of full value; and that is a different than what the city is having.

Quoted from DemocraticVoiceOfReason

Despite the sniveling and whining of the nayboobs (in particular the cowardly liar who thinks he/she is an expert on everything under the sun but barely knows what is going on in the mushroom patch that trolls like he/she lives in) people are investing in Schenectady by buying homes, opening businesses and investing in new development or redevelopment projects.  The nayboobs call anything that doesn't conform to their distorted and eternally negative view a reality a lie.  
All the while, the GOOD, HARD-WORKING, POSITIVE THINKING people (who actually LOVE their community)  of the City-County of Schenectady keep moving forward and making their community a better place to live, work and enjoy life.  The RENAISSANCE continues.

I am proud to live in the City-County of Schenectady, enjoy working IN the city everyday and look forward to the day that arbitrary and obsolete municipal lines are erased and we can all live INSIDE the city limits.

Oh, I'm a cowardly liar????           What lies am I stating?   Are you implying that the sale prices (from official records) and the verification of what houses sold (again, from official government records of deeds) just a bunch of lies?  


The ONLY one who is a cowardly liar is the one who spews babble, but NEVER produced a shred of EVIDENCE.  

You see, DV, I actually do the research, I actually gather the FACTS, then I post the TRUTH and I provide the EVIDENCE.

Unlike you, I don't spew nonsense babble from the party line.  Only cowardly liars make comments without citing detailed FACTS and provide the EVIDENCE

Only cowardly liars are too produce evidence, that's because they don't have any which is what proves they are liars.


And only cowardly liars claim the live IN the CITY when in fact they won't come anywhere near the city.

Quoted from mikechristine1

The mayor has an obligation to explain WHY he thinks it's appropriate to use the lame excuse that there is no money for doing a citywide reassessment when he takes the money from homeowners and spends it on his millionaire political cronies.

if no money for a reassessment then wheres the money coming from for the worthless"homes"program?

Quoted from sanfordy2

if no money for a reassessment then wheres the money coming from for the worthless"homes"program?

Good question.

Well that's just one reason why there's no money to do a reassessment.   You know, this HOMES program is money going to the mayor's real estate agent Mary Mary, pays her off for trying to sell houses (unsuccessfully), and of course money going to her metroplex architect husband, a pair of TAX DEADBEAT political cronies.

Then there is also the Legere remodeling company, another of one of the mayors TAX DEADBEAT political cronies, I wonder how come they didn't get listed in that newspaper story, multiple properties, delinquent on all.

I mean really, look at the brochure, look at the TAX DELINQUENTS who are publicized in this brochure.  Mayor is such a criminal, stealing from the taxpayers for useless programs like this that give money to his rich cronies who fail to pay their taxes which just causes the financially struggling homeowners to pay higher taxes.
[url]
http://cityofschenectady.com/pdf/KeytotheCity/HOMES%20BR%20.pdf [/url]

Quoted from DemocraticVoiceOfReason

I am proud to ...., enjoy working IN the city everyday .

Um, COWARDLY LIAR once again.  You do NOT work IN the city.   I provided the EVIDENCE to you that your place of little employment is in the TOWN of Niskayuna.  MAYBE there is a square floor tile within the city limits.

DO you need for me to again post the tax map that proves that your little job is in the TOWN??????????

Obviously you have no clue how to read tax maps

So when are you going to start paying property taxes IN the city????   Or even in the county?  

By the way, how come you refused to comment on the news story about all the tax deadbeat political cronies of the mayor, like the mayor's taxpayer funded real estate agent and her metroplex (taxpayer paid) architect tax deadbeats?   How about the dem councilman?  How about the former dem councilman?   How about the high paid county employee with a no-interest mortgage who hasn't paid?

Oh yeah, you won't EVER comment on that story of the tax deadbeats with connections to the mayor and metroplex.    

You are TOO COWARDLY to address the FACT that the politically connected are tax deadbeats