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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 7:03 am to
Posted by NoisyNinja79
Member since Dec 2017
304 posts
Posted on 7/6/19 at 7:03 am to
quote:

California is just like any other state and place in the world where you have to work to make a living in, to have a good home and raise a family and it is one of the worst places in America to do that given how it's being taxed and regulated to death.





My wife and I tried to make it work there but it seemed like we were always a step behind. I am glad to be out of there.
Posted by Putty
Member since Oct 2003
25491 posts
Posted on 7/6/19 at 7:04 am to
Good news is I’m pretty sure in California they can just throw the keys at the lender and can’t be sued for any deficiency. So if they don’t have equity, they can just bail. One of the main reasons for stupid high home prices there.
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
41201 posts
Posted on 7/6/19 at 7:07 am to
quote:

California is just like any other state and place in the world where you have to work to make a living in, to have a good home and raise a family and it is one of the worst places in America to do that given how it's being taxed and regulated to death.


I have a customer in rural California with a home on well water. The state sent someone out to look at putting a meter on her well in order to tax her for the water. She said she’s not far from leaving.
Posted by Sentrius
Fort Rozz
Member since Jun 2011
64757 posts
Posted on 7/6/19 at 7:14 am to
quote:

My wife and I tried to make it work there but it seemed like we were always a step behind. I am glad to be out of there.



For California to get back to normal where the middle class and poor are not being priced out and it's not an in your face den of anti-family degeneracy and sin, it's going to take a political revolution unlike anything ever seen in American history but I also fear that it will probably get violent.

The balkanization of the United States is probably what it's going to take to fix California. That and a draining of problematic demographics who are ruining the quality of life there.
This post was edited on 7/6/19 at 7:16 am
Posted by ShortyRob
Member since Oct 2008
82116 posts
Posted on 7/6/19 at 7:15 am to
I guess I got the impression from the question that he didn't understand how tax law could affect a mortgage
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 7/6/19 at 7:16 am to
quote:

It was an entirely reasonable question.


Everyone with a brain understood that the OP’s daughter saw an increase in their escrow payment to cover the additional taxes levied.
Posted by cajunangelle
Member since Oct 2012
147345 posts
Posted on 7/6/19 at 7:30 am to
quote:

I have a customer in rural California with a home on well water. The state sent someone out to look at putting a meter on her well in order to tax her for the water. She said she’s not far from leaving.
and I thought it was bad building a home in the country and were forced to tap into water with a 6000 tap fee; instead of digging a well.

If the dems get a super majority back they will tax toilet paper and toilet flushing next
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
68216 posts
Posted on 7/6/19 at 7:40 am to
quote:

The balkanization of the United States is probably what it's going to take to fix California


We should start seeing something like the Republic of Artsakh springing up.
Posted by CDawson
Louisiana
Member since Dec 2017
16445 posts
Posted on 7/6/19 at 7:44 am to
quote:

They live between Santa Barbara and L.A


Problem found. Why would anyone choose to live in that communist country.
Posted by rebelrouser
Columbia, SC
Member since Feb 2013
10681 posts
Posted on 7/6/19 at 7:55 am to
They are saying it can't be done anymore. It used to be that you sold you house for a ton of money in Cali and then moved to Montana or Boise or some other state and immediately start bitching about public services. Used to see Save Montana, kill a Californian bumper stickers out there. They were apt.
Posted by Eli Goldfinger
Member since Sep 2016
32785 posts
Posted on 7/6/19 at 8:10 am to
quote:

They live between Santa Barbara and L.A. in a decent sized town where husband is in the Military.


Maybe Jody will kick in some $ to help out.
Posted by Eli Goldfinger
Member since Sep 2016
32785 posts
Posted on 7/6/19 at 8:19 am to
quote:

If you sell your home over a certain price and move out of state, you owe an additional 10% tax over the normal amount.


Sounds like something the SCOTUS will look into.
Posted by thebigmuffaletta
Member since Aug 2017
13001 posts
Posted on 7/6/19 at 8:27 am to
Always fishing for that excuse not to blame liberal policies
Posted by mofungoo
Baton Rouge
Member since Nov 2012
4583 posts
Posted on 7/6/19 at 8:29 am to
Many of their programs and policies result in no benefit and actually do harm. Bunch of ding dongs out on the left coast.


MAGA
This post was edited on 7/6/19 at 8:31 am
Posted by AggieHank86
Texas
Member since Sep 2013
42941 posts
Posted on 7/6/19 at 8:33 am to
quote:

Always fishing for that excuse not to blame liberal policies
Always fishing for full information, so that I can arrive at an objective analysis of the situation, rather than one comprised entirely of partisan bias and preconceptions
This post was edited on 7/6/19 at 8:54 am
Posted by AggieHank86
Texas
Member since Sep 2013
42941 posts
Posted on 7/6/19 at 8:38 am to
quote:

Everyone with a brain understood that the OP’s daughter saw an increase in their escrow payment to cover the additional taxes levied.
Yes

I was among the people who are perfectly well understood the nature of the issue. Which is why my response inquired into the details of the change in the tax portion of the escrow payment.

What is the change state wide or local? If local who controls the local government? Was it a change in what is taxed or in the right of the tax? Was it simply a matter of an increase in valuation?

All relevant questions. Sad that you do not understand that. Once it was pointed out, even Shorty (the one who raised the issue) admitted that the questions made sense, implicitly.
This post was edited on 7/6/19 at 8:55 am
Posted by Jbird
In Bidenville with EthanL
Member since Oct 2012
73479 posts
Posted on 7/6/19 at 8:40 am to
quote:

What is the change state wide or local? If local who controls the local government?
That's what's important.
Posted by 56lsu
jackson mich
Member since Dec 2005
7441 posts
Posted on 7/6/19 at 8:41 am to
haven't you realized everything that doesn't suit the trumpkins is either Obama's fault or the democrats fault.
Posted by thebigmuffaletta
Member since Aug 2017
13001 posts
Posted on 7/6/19 at 8:53 am to
Or you can just continue to play stupid and pretend you aren't aware of California's overtaxation.
Posted by AggieHank86
Texas
Member since Sep 2013
42941 posts
Posted on 7/6/19 at 8:58 am to
quote:

you can just continue to play stupid and pretend you aren't aware of California's overtaxation.
I am perfectly willing to acknowledge that California taxing policies are very likely the cause of this change in escrow payment. I never said otherwise.

There are also other possible causes, and I like to evaluate ALL issues before reaching a final conclusion.

You, on the other hand, seem perfectly content to live your life based entirely up on biased preconceptions. That is fine. Have a great day.
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