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Home Actions: Our Newsletter About Home and Financial Management:
Posted by Merrill Ottwein
on Sunday, 09 October 2011
in Castle Management
Merrill Ottwein
Keeper of forgotten lore...
Manager, Esprit de corps!
User is currently offline

"Home Actions" is our newsletter, published every two weeks, that is very much oriented toward "Castle Management"....home and family. It regularly contains articles on caring for your home and financial management of family finances . We also try to attach a more personal introduction to each letter, telling of news in our practice or our families, and especially, market trends.
Shortly, we'll be archiving all of the articles published in previous issues, making them immediately and openly available, right on our web sites, to any site user. We'll be announcing that soon, but the access will probably be right here in "Castle Management".
Most of our former clients are already receiving the newsletter....over 1,000 that still remain in the area. If we had a good, working email address, your subscription has been entered. A planned land mailing will hopefully pick up addresses we don't have, adding them to regular subscribers.
But any user of this site (not necessarily an former client,) can also subscribe himself. Just go to www.HomeActions.net, where it's easy to do. And of course, you can always terminate your subscription, even more easily.
So to enroll yourself.....go to www.HomeActions.net and follow directions. Or call 618-632-8443 and let us know of your interest over the phone. Of course, an email will do as well; This e-mail address is being protected from spambots. You need JavaScript enabled to view it. , giving us your name and email address.
The Tax Equalization Process
Posted by Merrill Ottwein
on Saturday, 10 September 2011
in Castle Management
Merrill Ottwein
Keeper of forgotten lore...
Manager, Esprit de corps!
User is currently offline
About the “Real Estate Tax Equalization Process” currently going on in Madison County.
Recently, the owners of every parcel of real estate in Madison County received a notice where their assessed value had been increased. Every parcel has had, in fact, an “Equalization Factor” imposed. Edwardsville Township’s was 1.0322, meaning the assessed value had been raised by 3.22%. (It’s the same process that was performed in St. Clair county about a year ago, and the subject of our Blog # 12, titled “O’fallon Real Estate Taxes”, which is still posted here.)
First, this is in response to overall studies, township by township which studies almost all flatly claim that properties have been, on the average, under-assessed, hence the need for the adjustment, across the board, to every property. It’s a process that’s legally required in the state of Illinois “quadrennially”…every 4 years, by the County Board of Review, a part of the Treasurer’s office. (It excludes foreclosures and sales of distressed properties, but the law allows that.) It’s supervised by the state.
...
Recently, the owners of every parcel of real estate in Madison County received a notice where their assessed value had been increased. Every parcel has had, in fact, an “Equalization Factor” imposed. Edwardsville Township’s was 1.0322, meaning the assessed value had been raised by 3.22%. (It’s the same process that was performed in St. Clair county about a year ago, and the subject of our Blog # 12, titled “O’fallon Real Estate Taxes”, which is still posted here.)
First, this is in response to overall studies, township by township which studies almost all flatly claim that properties have been, on the average, under-assessed, hence the need for the adjustment, across the board, to every property. It’s a process that’s legally required in the state of Illinois “quadrennially”…every 4 years, by the County Board of Review, a part of the Treasurer’s office. (It excludes foreclosures and sales of distressed properties, but the law allows that.) It’s supervised by the state.
...
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