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I don't think this is a troll thread and I agree with it. There shouldn't be a way the government can take your house once you have paid for it.
I have a problem with the assessors office where I am. I have to fight them every year because they over value my house again and again. I've won the argument three different times. How many people are paying way too much in property taxes and don't fight it? The assessors office is allowed to be wrong by as much as 10 percent. The way they determine value isn't based on reality and I have to prove them at least 11 percent off for anything to happen. How is this fair?
my son just contested the taxes on a house he bought because the prices had come down since the last assessment . they dropped him from 25k a year to 22k just for asking .
The idea that a paid off home is 'peace of mind' is a total farce. Miss a property tax payment and you'll be out on your poopster.
In my neighborhood, that's $10-20k a year.
All excellent points. Those services do cost money, and the professionals who do them need to be compensated fairly for their services, but unless we're talking about 25,000 square foot mansions on large acreages, $25,000 a year for property taxes (as was quoted here) on a house is beyond excessive and the bounds of what is reasonable.
re [/b][/i]taxes).
$14k for 4600 sq ft house on half an acre.
And our city is LOW (2.25%) compared to the neighboring counties and has been reducing property taxes for the last five years.
I live in an unorganized borough in Alaska. What are these "property taxes" you speak of ? I have no property tax whatsoever and own my home outright. I do miss out on some of those nice services everyone else gets but ohh well.
While not every place is Alaska, there are many many many places in America where property tax is less than $300 a year for a modest home. Very reasonable. If I lived in an area where I was paying anything over than say $1200 a year in property taxes, I'd promptly move.
$14k for 4600 sq ft house on half an acre.
And our city is LOW (2.25%) compared to the neighboring counties and has been reducing property taxes for the last five years.
25000 sq foot mansion, my foot.
The 25,000 square foot was just a number I put out there considering someone quoted a property tax bill of $25,000 (and in some states it would literally take that size home to get that high of a bill).
4,600 square feet is a large house (at least to me), but $14,000 still seems really high. Correct me if I'm wrong, but isn't Texas a state with no income tax? That's attractive to a lot of people, but they forget about revenue neutrality, meaning if taxes are lower in one area, they're going to be made up somewhere else to pay for the services. Here (NC), you'd most likely be looking at $5,000 or so for a house that size. And of course, smaller homes are only a fraction of that. But we have fairly high income taxes, including on people with lower incomes.
I'm blown away by some of the Northeastern states (NY, NJ) that have very high property taxes and high taxes on just about everything else.
Do you really think you actually own your house after the mortgage is over? Think again! You don't!
But, you won't care.
Once FEMA puts you in one of their camps, you will have a "comfortable" place to live forever.
I look forward to living under Barack Hussein Obama, President for Life®.
Property taxes are inevitable for 99% of home owners in America (maybe certain extremely rural areas are the exception like in parts of Alaska). The thing is to get the most for your property taxes. I live in Illinois where property taxes are very high, and I am purposely avoiding some burbs, that have unreasonably high taxes. It's a mixed bag here, and you can find some sections where you get good schools and great infrastructure for reasonable taxes for the area (high, but not super high).
But, you won't care.
Once FEMA puts you in one of their camps, you will have a "comfortable" place to live forever.
I look forward to living under Barack Hussein Obama, President for Life®.
Well I guess it was inevitable that one of you would show up. Amazing how any topic always comes around to the president being the problem in the end.
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? I have no property tax whatsoever and own my home outright. I do miss out on some of those nice services everyone else gets but ohh well.
But, you won't care
