I am planning to buy my first home and there are some homes which have property taxes around 3k-4.5K /year
There are some newly constructed homes(2004-2005 model) and they have higher taxes of around 6k – 7K/year.
1) Is it worth buying these newly constructed homes with those higher property taxes ?
2) Any other pros & cons you could suggest.
Related posts:
- What State Has The Lowest Property Taxes? After 20 years in the Military moving from state to...
- How To Report Property Taxes On Tax Refund When Changed Property During The Year? We sold our house and bought another one in the...
- How Can Property Taxes Be Going Up While Values Are Decreasing? We are buying a home. I checked the property on...
- What Affects Property Taxes And How Often To They Fluctuate? We’re looking to buy a home in Michigan within the...
- How Hard Will Taxes Hit Me By Not Paying Until The End Of The Year? I am currently over seas working tax free. If I...
Related posts brought to you by Yet Another Related Posts Plugin.
11. February 2010 at 11:00 pm
buy the home in the best location.
11. February 2010 at 11:00 pm
I would never pay that much for property taxes!!! Once your home is paid off you would still be paying $250-600 a month (which would likely be even more by the time the home is paid off since property taxes only go up!). That is nuts! I pay $900 a year on a home I am selling. This is for a nice place on an acre. I only pay $825 on the home I live in. It is on almost 2 acres, has 4 bedrooms and 3 baths. I would move to another area personally!
11. February 2010 at 11:00 pm
Let’s put it this way: You see some shoes you really like. There are 2 pair, identical. One pair cost $20. The other pair cost $60. Which pair would you purchase?