Letter: Yes vote on Bath levy would save money

With real estate values at the low point of the current market cycle, there are many opportunities to save or make money with real estate. For homeowners in the Bath school district, this is as easy as going to the polls and pulling the yes lever for the proposed bond issue.

Saving money through such a simple action occurs because the tax rate that you are voting yes for is based upon today's low property valuations. Right now, construction costs are very low and maintenance costs of new are only a fraction of what they are for older buildings. There is not a better time to save money through intelligent school district growth decisions.

Making money by voting yes will happen with the increases in property values that happen when school systems are improved either through facilities or performance. School systems are one of the major factors in housing demand. People will not pay more to live in districts with poor schools.

Also, since homeowners will be paying a tax based upon today's values, the tax will not increase in relation to the property value. One's home value can rise and the percentage of property tax actually will decrease.

Vote yes for the Bath school district's bond issue to both make and save money on your real estate investment.

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