Specials are not something SPECIAL, They Are Taxes!
By Bob "RealMan" Timm, Owner of Ward Co Notary Services retired RE Broker
(Ward County Notary Services)
Specials are not something SPECIAL, They Are Taxes! Sometimes Realtors forget that not everyone knows our lingo. If you are shopping for your first home and your agent has never explained specials to you then take comfort that you are not alone. I work with a lot of First Time Home Buyers and it is actually rare that as I ask if they are familiar with special assessments that the First Time Home Buyer knows what specials are. The first thing you, as a First Time Home Buyer, needs to know is that Specials is a term referring to Special Tax Assessments on a property. A good example would be if you purchased a new home in a new development the City places a "special" tax on your home to help pay for the new services such as the water main, the street paving, and sanitary sewer. The life ...