get-promote delivers? what do I do now? taxes?

I don’t forget the house was initially $ 69,900 ? I believe the taxes are based on an $ 86,000 value ? I guess a number of years a go, residence rates have been way as well substantial? So, the taxes are As well Higher. $ two,000+
My realtor mentioned the taxes will go reduce if the property sells for $ 50,000 simply because the taxes will be based mostly on that number rather of the $ 86,000? Is that genuine?

Do taxes EVER go down???? In my (not so huge understanding) taxes only go UP!!!! Please inform me what you know.

ALSO, I am advised that “the sellers produced the 1st counter-provide of $ 58,500. and that if I counter offer, the seller has to take time to believe about my offer you, and then, IF they accept my cost as realistic, the Financial institution nevertheless has to approve the offer you… and it the complete approach could STALL”.
What is this stalling???? How lengthy can THAT take???? must I just make anoffer on a different residence?? Or should I provide the sellers $ 58,500? The home is incredibly musty, I don’t feel everyone else will make gives, as summer season nears!!!!!!!! The furnace is 30 yrs old, the appliances are ancient, but the roof is brand new. What do you assume?

I’m in a small bit of a rush. I need to get cash out of my title, my account by April 29, or I could lose my health-related advantages. Do you assume the sellers will respond in the subsequent day or week or so? How about the bank’s response? Will income exchange hands in the up coming 30-40 days????????????

PLEASE Aid ME…. I can acquire a diverse property. I truly like this one particular, but I need to have to get things moving. Quickly!!!!!! Can I make an offer you on one more cute home (considerably reduced taxes, outdoors city limits!!!) , & see if that method is more rapidly? Can I just back out of the other deal? if it is as well slow? I am not legally bound or anything? right?

THANK YOU SO Much!!!!!!

PS. The much better property is from the 1920s with a musty Michigan basement. The other “cute” home is a 1950′s kit house (“greater than a mobile residence.” says my realtor…) yeah, but : /
The kit home has no insulation, it really is 720 sq ft, tiny, Okay, I am small. : )
The other residence has super excellent insulation, new roof, and 30 yr previous furnace.