Home Owners

[Matt34]

Anyone else feeling the pinch of increased property taxes and insurance the past few years? We just got our new assessment and our mortgage is now $500/month more than it was two years ago. (Colorado)

Put it into context, my military retirement used to cover my entire mortgage, now it's $400 short.

Can't imagine what you guys are going through in Florida.

 

[everettT]

Anyone else feeling the pinch of increased property taxes and insurance the past few years? We just got our new assessment and our mortgage is now $500/month more than it was two years ago. (Colorado)

Put it into context, my military retirement used to cover my entire mortgage, now it's $400 short.

Can't imagine what you guys are going through in Florida.

My taxes in Florida have ballooned but so has my value, so I'm good but our Missouri home has lost 150k in three years, frustrating.

 

[Matt34]

My taxes in Florida have ballooned but so has my value, so I'm good but our Missouri home has lost 150k in three years, frustrating.

Our value has more than doubled (we couldn't afford to move into this neighborhood now), but that is of little advantage when you don't plan on selling anytime soon. I mean, if this keeps up we may have too....

 

[everettT]

Our value has more than doubled (we couldn't afford to move into this neighborhood now), but that is of little advantage when you don't plan on selling anytime soon. I mean, if this keeps up we may have too....

I certainly understand the dilemma, hopefully your decision isn't forced.