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Nik211
my little monkey<3
Member since 5/08 3303 total posts
Name:
Nik
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Property Taxes
i'm not sure if its the same everywhere but can someone explain to me how they come up with the amount you will be paying in property taxes when you are buying a new home?
the way it was explained to us was kind of confusing....
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Posted 6/23/09 12:28 PM  |
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Prudential Douglas Elliman Real Estate
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mandasue
LIF Adolescent
Member since 3/09 772 total posts
Name:
Amanda
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Re: Property Taxes
no idea.....sorry
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| Posted 6/23/09 12:46 PM |
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cindy104
This is my "Baby"
Member since 6/08 1522 total posts
Name:
Cindy
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Re: Property Taxes
Do you mean as far as closing costs go?
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| Posted 6/23/09 12:51 PM |
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Nik211
my little monkey<3
Member since 5/08 3303 total posts
Name:
Nik
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Re: Property Taxes
Posted by cindy104
Do you mean as far as closing costs go?
we were told that you can't go by what the owner paid the previous year...
when someone has been living there they can only raise their taxes a certain % so the previous might be paying less than what we will end up paying b/c they have been there for awhile and they get protected by that max %....also we were told it has to do with the price we pay for the house - then we would have it homesteaded (i think that means its your primary residence?) and then i guess it there is some kind of appraisal done?
i dont know, im just confused all around about it 
if the taxes are going into mortgage how is the amount we are going to pay each month determined? does it go by what the owner has been paying and then do we start fresh as the new owners the following year?
am i even making sense?
Message edited 6/23/2009 12:59:03 PM.
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| Posted 6/23/09 12:58 PM |
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Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
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Re: Property Taxes
you are looking in FL right?
NY has no homesteading - which FL has
which county are you looking in?
they are all different in FL
I can maybe point you in the right direction
I know in Palm Beach CO- you taxes are 2% of your purchase price
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| Posted 6/23/09 1:06 PM |
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Nik211
my little monkey<3
Member since 5/08 3303 total posts
Name:
Nik
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Re: Property Taxes
Posted by Beth
you are looking in FL right?
NY has no homesteading - which FL has
which county are you looking in?
they are all different in FL
I can maybe point you in the right direction
I know in Palm Beach CO- you taxes are 2% of your purchase price
yes it would be in Florida....
it would be brevard county...
taxes really confuse me for some reason   
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| Posted 6/24/09 9:44 AM |
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cindy104
This is my "Baby"
Member since 6/08 1522 total posts
Name:
Cindy
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Re: Property Taxes
Oh sorry, I had no idea you were talking about FL. Unfortunately I know nothing about that then.
Sorry I couldn't help!
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| Posted 6/24/09 9:50 AM |
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Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
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Re: Property Taxes
this might help
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| Posted 6/24/09 10:01 AM |
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Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
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Re: Property Taxes
and you should ask your Real estate agent - she or he should be able to answer the questions
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| Posted 6/24/09 10:03 AM |
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Nik211
my little monkey<3
Member since 5/08 3303 total posts
Name:
Nik
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Re: Property Taxes
Posted by Beth
and you should ask your Real estate agent - she or he should be able to answer the questions
thanks for the link beth - i'll try to decipher whatever i find on there
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| Posted 6/24/09 3:48 PM |
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