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re: How reliable are Mortgage Calculators online?
Posted on 6/14/18 at 12:50 pm to Team Purple
Posted on 6/14/18 at 12:50 pm to Team Purple
Something else that can bite you.. those calculators use the property tax number based on what the current owner is paying. The current owner could be getting significant discounts based on senior citizen discount, disability, military service, etc....
My initial calculation was only $900/yr for property taxes, owner was senior citizen. My property taxes on the house are $3200.
When calculating your property tax estimate, look at a couple of the houses around it to make sure their taxes are all looking similar, before going with that number.
My initial calculation was only $900/yr for property taxes, owner was senior citizen. My property taxes on the house are $3200.
When calculating your property tax estimate, look at a couple of the houses around it to make sure their taxes are all looking similar, before going with that number.
This post was edited on 6/14/18 at 12:51 pm
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