12-24-2014, 06:19 PM
http://hawaiitribune-herald.com/news/loc...considered
Comments
Mike Garbarino
I recommend that property owners in lower Puna consult a good appraiser - my company or my competition - and be prepared to appeal their upcoming annual property tax assessment. Our recent appraisals of specific properties in lower Puna - including NOT in the path of the current active lava flow - indicate that pretty much all property in the area is fast becoming "un-sellable", and as such with zero market value. This could change with government action & I am making recommendations to our public officials, but so long as our government continues its current inaction, the effect on all of our property values in the area is quite devastating.
Comments
Mike Garbarino
I recommend that property owners in lower Puna consult a good appraiser - my company or my competition - and be prepared to appeal their upcoming annual property tax assessment. Our recent appraisals of specific properties in lower Puna - including NOT in the path of the current active lava flow - indicate that pretty much all property in the area is fast becoming "un-sellable", and as such with zero market value. This could change with government action & I am making recommendations to our public officials, but so long as our government continues its current inaction, the effect on all of our property values in the area is quite devastating.