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Started By
Message
Anyone pay their Texas Property Taxes yearly?
Posted on 6/5/12 at 5:06 pm
Posted on 6/5/12 at 5:06 pm
I know most people pay monthly as part of their mortgage payment.. just curious if anyone here pays yearly, for whatever reason.
5
Posted on 6/5/12 at 5:54 pm to Xenophon
mine is escrowed by lender, unfortunately. I'd like to make a few extra pennies on the interest.
Posted on 6/5/12 at 6:56 pm to Xenophon
I'm about to...I close on the property at the end of the month....why do you ask ?
Posted on 6/5/12 at 7:03 pm to Xenophon
I pay annual
Posted on 6/5/12 at 9:44 pm to Zilla
are you in Texas?
its just an option i am looking into, about to purchase a new home/build
My property taxes will be about $9k a year.. just thinking that i would do better to pay annually
its just an option i am looking into, about to purchase a new home/build
My property taxes will be about $9k a year.. just thinking that i would do better to pay annually
Posted on 6/5/12 at 9:46 pm to Xenophon
all property taxes are paid annually. You are just paying your mortgage company every month for it.
Posted on 6/5/12 at 9:49 pm to I Love Bama
i know that man.. thats not what i asked, as defined in my OP
Posted on 6/6/12 at 12:17 am to Xenophon
I read your message wrong. My B 
Posted on 6/6/12 at 12:37 am to I Love Bama
all good.. im just trying to understand the benefits of holding that money all year and doing something else with it, vs the benefits of paying as part of your mortgage..
Posted on 6/6/12 at 7:39 am to Xenophon
If you can invest those monies somewhere and earn a little something then you'd be better off.
Posted on 6/6/12 at 8:51 am to Xenophon
quote:
are you in Texas?
in about 1 month I will be
Posted on 6/6/12 at 8:54 am to Zilla
if you can put 20% down payment then dont escrow.
Posted on 6/6/12 at 8:57 am to cjared036
quote:
if you can put 20% down payment then dont escrow.
some banks give you a higher rate if you don't escrow, regardless of the 20% equity
Posted on 6/6/12 at 9:21 am to C
We do. Just bought our house last August. We just setup a savings account and put $1000 into it every month to cover Insurance, Taxes, and HOA dues.
Posted on 6/6/12 at 11:02 am to cjared036
i don't have a traditional mortgage
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