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re: Daughter's So Cali mortgage went up about $500. mo due to tax increases. Crazy.

Posted on 7/6/19 at 10:17 am to
Posted by jimdog
columbus, ga
Member since Dec 2012
6636 posts
Posted on 7/6/19 at 10:17 am to
I would guess the appraised value. Payment increased $480. mo.
Posted by cwill
Member since Jan 2005
54755 posts
Posted on 7/6/19 at 11:08 am to
quote:

I would guess the appraised value. Payment increased $480. mo.


So the appraised value of the property increased so they have to pay more prop tax? That’s not a tax increase per se, that’s an appraisal issue - the value of their home increased but the prop tax % stayed the same. Everyone has to deal with that yearly in TX, too.
This post was edited on 7/6/19 at 11:10 am
Posted by AggieHank86
Texas
Member since Sep 2013
42941 posts
Posted on 7/6/19 at 1:41 pm to
quote:

I would guess the appraised value. Payment increased $480. mo.
I find myself wondering whether the Democrats are to be called responsible for the significant increase in the value of this family’s largest asset. This thread did start as a complaint about Democrats, right?
This post was edited on 7/6/19 at 2:20 pm
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