Woman reveals how she was forced to sell her beloved dream home within one year ... trends now
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A Florida woman was left feeling like she had been 'baited and switched' after a property tax hike meant she had to sell her dream home just a year after buying it.
Tamra Ransom told WFLA-TV that she bought the perfect house in Polk county in May last year.
Then her property tax was hiked by 174 percent, from $2,700 a year to $4,700, making it too expensive for her to continue living there and forcing her to put the home back on the market.
She told the outlet: 'It's very upsetting because I put most of my savings into the house.'
Property tax is assessed on the basis of a house's value and a city's tax rates, if the value of the property goes up, property tax goes up too.
Tamra Ransom told WFLA-TV that she bought the perfect house in Polk county in May last year
Then the property tax was hiked by 174 percent, making it too expensive for her to continue living there and forcing her to put the home back on the market
Ransom