Property Taxes
At least you're lucky enough to own a home in Sonoma County. Can't afford one. I don't think I'll ever be able to afford one. That's why I'm planning to move away as soon as I can.
(that is, unless I come into money, or marry rich. C'mon Jessica Simpson)
(that is, unless I come into money, or marry rich. C'mon Jessica Simpson)
Originally Posted by HomerJay
At least you're lucky enough to own a home in Sonoma County. Can't afford one. I don't think I'll ever be able to afford one. That's why I'm planning to move away as soon as I can.
(that is, unless I come into money, or marry rich. C'mon Jessica Simpson)
(that is, unless I come into money, or marry rich. C'mon Jessica Simpson)
A POS 3bedroom house costs like 900k these days
Originally Posted by ucbsti
Sonoma County? Try the entire greater bay area
A POS 3bedroom house costs like 900k these days
A POS 3bedroom house costs like 900k these days
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Originally Posted by sonicsuby
Get an impound account. We paid property taxes the first year and then set up an impound the next year.
*EDIT* Nevermind, I just found out.
Originally Posted by answerbag.com
An impound account is a trust account established by the lender to hold money to pay for real estate taxes, and mortgage and homeowners insurance premiums as they are received each month.
Last edited by slvrsubywgn; Nov 30, 2005 at 10:30 AM.
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Originally Posted by slvrsubywgn
What is an impound account? And how does it work? What are the benefits?
*EDIT* Nevermind, I just found out.
This doesn't apply to me...I haven't taken out any loans or have mortgage payments or any of that mumbo-jumbo.
*EDIT* Nevermind, I just found out.
This doesn't apply to me...I haven't taken out any loans or have mortgage payments or any of that mumbo-jumbo.
I'd be effin rich.
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Originally Posted by sonicsuby
Get an impound account. We paid property taxes the first year and then set up an impound the next year.
Originally Posted by OwlBoogie
Propery taxes suck. I just keep in mind the tax return in April. 
LOL....yeah...tax return....as short lived as that may be..at least we are gettin' something out of the property tax that we pay haha
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Originally Posted by BillJC
VF34, TMIC, and tuning to be exact.
Maybe next year after I get my refund.
Maybe next year after I get my refund.
So i take it you just bought a house and your taxes have not be re-assessed yet?
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Originally Posted by burndtjamb
Hmm, I thought having an impound account is like giving the Man a free loan...
Simply put, most programs encourage an impound account or else the lender/broker has no choice but to take a hit which rolls down on your shoulders. 9 times out of 10 if you choose to forfeit the impound account you've most likely gone outside one boundary of the loan program you've gotten yourself into. The consequence of this decision may be more cost to do the loan or a rate increase of .250% higher under this particular program (or both).
Last edited by Salty; Nov 30, 2005 at 12:27 PM.