You've likely heard of the new fee to be imposed per real estate transaction that the Tuolumne County Supervisors just passed. It went down yesterday, a 5-0 vote. And so now in place is a $3.00 fee which will be collected each time property is sold "on specific pieces of paperwork" according to an article by Bill Johnson on mymotherlode.com. (Read the entire article here: Fees To Be Charged To Help Fight Real Estate Fraud.) So what do you think about this new fee? Do you think it's a good thing? Do you think it will help to minimize the potential for fraud in our County? Do you think it's just another tax? Do you think real estate agents in particular are being wrongly targeted? Please feel free to leave your thoughts by clicking the comment link below.
Wednesday, October 29, 2008
Real Estate Fraud Fee - Like It or Not?
You've likely heard of the new fee to be imposed per real estate transaction that the Tuolumne County Supervisors just passed. It went down yesterday, a 5-0 vote. And so now in place is a $3.00 fee which will be collected each time property is sold "on specific pieces of paperwork" according to an article by Bill Johnson on mymotherlode.com. (Read the entire article here: Fees To Be Charged To Help Fight Real Estate Fraud.) So what do you think about this new fee? Do you think it's a good thing? Do you think it will help to minimize the potential for fraud in our County? Do you think it's just another tax? Do you think real estate agents in particular are being wrongly targeted? Please feel free to leave your thoughts by clicking the comment link below.
I for one feel this is an unnecessary fee. I wonder how many "victims" we've actually had in Tuolumne County? Is this really warranted? Now there's another fee imposed on the taxpayers/homeowners, that as we all know will never go away, even if the program is unsuccessful.
ReplyDeletePeggy Nelsen