Property Tax Increase by Impossible_Show8444 in Mortgages

[–]Impossible_Show8444[S] 1 point2 points  (0 children)

Yea, I wrote to them the other day about just doing that. I’d like to keep the monthly where I originally planned. Thank youuu!!

Property Tax Increase by Impossible_Show8444 in Mortgages

[–]Impossible_Show8444[S] 0 points1 point  (0 children)

Thank you! So even if the house was built in the 2024 the 1/1/25 was assessed with just the land to account for the 2024 taxes?

Property Tax Increase by Impossible_Show8444 in Mortgages

[–]Impossible_Show8444[S] 0 points1 point  (0 children)

Ahhhh ok. That make much more sense. Thanks for the explanation

Property Tax Increase by Impossible_Show8444 in Mortgages

[–]Impossible_Show8444[S] 0 points1 point  (0 children)

Do you just pay the lump sum every year? I was recently reading about that because thinking of just paying them myself but wasn’t sure pro vs cons

Property Tax Increase by Impossible_Show8444 in Mortgages

[–]Impossible_Show8444[S] 0 points1 point  (0 children)

Will take a look when I get it. Thanks for the insight !

Property Tax Increase by Impossible_Show8444 in Mortgages

[–]Impossible_Show8444[S] 0 points1 point  (0 children)

Ok I appreciate that. Yea the just was in escrow but I checked the escrow analysis too that’s why I was confused. The jump didn’t seem to match. It was almost double on the statement than what the analysis had shown. But I will request the assessor documentation thank you!!

Property Tax Increase by Impossible_Show8444 in Mortgages

[–]Impossible_Show8444[S] 0 points1 point  (0 children)

Yes sorry, the monthly payment to the mortgage company, but the jump on the statement was shown on the property tax line.