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And the assessor will see a 2% increase in your assessment as a matter of automatic course.
I remember worrying about the assessor when we last refinanced. The appraisal came in at 750K. I laughed out loud and told them there is no way *I* would pay that much for my house. I needed 300K to not pay PMI. My assessment has gone up 2% every year since then, even when everyone was challenging it during the crash.
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