city property tax
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Property Tax Question
Asked by C.C. from Chicago
on December 13, 2009
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Hello ladies. With such diversity onthis site, it seemed this would be a great place to ask until I can speak with my mortgage company tomorrow. Last year was our fi...
Answers
- Your option is to work out a deal with your mortgage lender to allow you to forgo putting tax money in escrow. In that scenario, when the tax bill falls due, it is up...
- I'm curious what others have to say but here is my understanding.... The bank is going to write the check to the treasurer because they want to ensure that the taxe...
- My mortgage company pays our taxes (and our homeowners insurance) directly. We see the bills (and can see that the mortgage company has paid the bills) but we never s...
Do You Own a Rental Property?
Asked by L.M. from Chicago
on April 30, 2012
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My husband and I are tossing around the idea of purchasing a townhome or condo to rent. I'm looking for some general advise and your experiences with this. Good or b...
Answers
- I did. What a PITA! LOL Even with a paid-for property--I found this was WAY more trouble than it was worth. As for renters--we had the good, the bad and the ugly. ...
- You can have mine! We paid $185 for our TH in 2004 and if you look on zillow.com it says we are not charging enough rent but we are currently happy with our tenant. M...
- My husband and I have been Landlords for about 7 years now and we have 7 properties, 11 rentable units. I will have to say that I hate it!! So many different people to...
Property Search for Free
Asked by A. from Dallas
on July 22, 2007
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Hi Moms, I wanted to know if I can get a free property search on the internet. The websites I've tried said free but before they reveal the info they said I had to sub...
Answers
- Hey, A.. Go to nbc5i.com, go to left side of screen and find House & Home, click on that and scroll down to enter in the zip code of the homes you are looking into. ...
- Go to http://www.ebby.com/properties/properties.shtml. This is the easiest and best website to search for properties. You can search by almost anything...zip code, s...
- Try realtor.com for your property search. I also like cindyruppert.com for my local area because when you double click on the photos, they are quite big and easy to s...
To Live in the City or Not to Live in the City
Asked by R.D. from Chicago
on December 27, 2007
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I know I'm probably opening a can of worms with this question, though my husband and I are struggling with the decision regarding where to live in this great city. We ...
Answers
- we moved from chicago (andersonville and north center/lincoln square) to evanston. we're happy in evanston. has the parks, great libraries, schools, etc. and it feels ...
- I do miss the city, but we are so happy with our decision to move to the suburbs. We are closer to family (my mom babysits weekly) and we have a back yard!! For ...
- I think you ask a great question. My husband, son and I moved from the city to the suburbs this year so I feel I can give you my opinion. I think it basically depend...
Car Sales Tax
Asked by K.B. from Kansas City
on January 23, 2012
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We purchased a used car out of state.
We were prepared to pay sales tax when we titled the car. We did not pay sales tax to the state we bought the car in, since ...
Answers
- Does your state collect use tax? This might fall into the use tax category for sales tax that should have been collected but was not.
- Good idea to keep records so you can avoid future penalties incase they come back and say you "should" have. Maybe even email the DMV and keep their reponse, just to ...
- Are you sure the taxes weren't included in the sale price. If the dealership titled it in your name they had to pay the taxes and you would have had to sign the title...
Property Taxes in NH, How Bad Are They Really? Proably Moving There
Asked by M.B. from Providence
on November 10, 2010
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Hi Ladies (and some gentlemen),
I'm trying to do some research on what property taxes are like in NH, specifically Concord area. I'm not sure if it is different town...
Answers
- The tax rate in Concord right now is 10.835 and that is for City (3.745)+ County(1.345 )+ Local Ed(4.57 )+ State Ed(1.175). I am a Real Estate Broker in the area and o...
- Concord pays it's taxes quarterly. I don't know the exact tax rate, it's not too bad. I live in Pembroke and the rate is higher in my town. It does vary from town t...
- MLS listings almost always have the property tax included in them, so when you see a house you like on line the listing should have teh taxes included. If it is not, ...
Enrolling Child into a School in the Suburbs Without Owning Property.
Asked by J.S. from Chicago
on February 16, 2012
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I currently live in the city and have been commuting my child to la grange IL for preschool because I love the community. I planned on enrolling him into a school the...
Answers
- What school is this? Is it a private school? I think you may have gotten miscommunication. RENTING a residential property in the neighborhood boundary of a public...
- That sounds like total BS. When you rent, the landlord pays property taxes, which in turn get rolled into your rent. As long as you have proof of residence in an area,...
- La Grange is great! You don't have to own.
Disputing Property Taxes ( Denton County)
Asked by S. from Dallas
on June 25, 2007
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I was wondering if any one of you have any experience with disputing the INCREASE in property taxes?
I know the process found it on line but need help figuring out ...
Answers
- You need at least 3 comps of houses sold in your area. You can get them from any realtor. It's a simple report they can do really fast, that has houses the same size...
- We actually have a hearing this Wed. for disputing our in Denton County. Corinth raised ours 10,000 from last year! Unbelievable, I have heard they are doing it to m...
- I just recently went through this (as did many in my neighborhood). A local realtor walked us through what we needed to do. It was actually really easy. You'll ...
If You Had $500,000, What Would You Do?
Asked by D.P. from Pittsburgh
on February 23, 2011
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If you unexpectedly were given $500,000 (tax free), what would you do with it?
Pay down debt?
Save it?
Curious to know what you all would do with a bonus $500,000?
Answers
- Pay off the mortgage! Wow, talk about a stress reliever. Then, put $50,000 away for my son's college fund, give $50,000 to my parents as a thank you for all they've...
- Buy retirement home, cash. Put the rest away.
- Pay off the tax man first!!! LOL Them, pay off my house, pay off my sister's house, put the rest in an interest bearing account/IRA/something to plan against my s...
School District Boundries
Asked by S.L. from Dallas
on August 25, 2009
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I live on a property divided by county and school district lines, since I pay taxes to both school districts, do I get to choose which district my child attends?
Answers
- sounds like you are in similar situation as me. If so, the answer is no. Are you sure you are paying SCHOOL taxes in both counties? We pay school taxes for our city...
- When we were searching for a new home about 5 years ago, we looked at a house that sat on property that was about 60% Carroll ISD and 40% Grapevine-Colleyville ISD. We...
- Pull out your tax bill and see what ISD receives your school taxes-that is where your child should attend. If your property is huge and expands over more than one dis...
