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re: Property Taxes Doubling - Can't find anything about property tax rates going up

Posted on 12/21/16 at 12:03 pm to
Posted by Tigerpaw123
Louisiana
Member since Mar 2007
17277 posts
Posted on 12/21/16 at 12:03 pm to
could be a lot of things

did you lose homestead exemption because it is a rental?

did your property insurance go up?

the whole way they figure your escrow analysis is pretty weird, it has a low threshold it can not go below and if it does they add more the next year and hopefully it evens out in the next

I would call your mortgage company and get some details
Posted by StringedInstruments
Member since Oct 2013
18465 posts
Posted on 12/21/16 at 12:11 pm to
quote:


did you lose homestead exemption because it is a rental?


I don't know. Don't think so. It's been a rental for almost four years. Why would that kick in now?

quote:


did your property insurance go up?


No.

quote:


the whole way they figure your escrow analysis is pretty weird, it has a low threshold it can not go below and if it does they add more the next year and hopefully it evens out in the next


There's also a surplus added to each month's payment. $88.
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