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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 11:08 am to
Posted by cwill
Member since Jan 2005
54754 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 the808bass
The Lou
Member since Oct 2012
111802 posts
Posted on 7/6/19 at 11:24 am to
quote:

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


Lol
Posted by 93and99
Dayton , Oh / Allentown , Pa
Member since Dec 2018
14400 posts
Posted on 7/6/19 at 2:25 pm to
quote:

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.


How about if they raised the millage rate and appraised the property at a higher value.

That happened to me in Florida when we had a yankee invasion.

They had to build new schools because of the invasion.
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