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I'm driving hubby crazy with my questions

when you buy a house, and it says that the taxes are $200. (the house i'm looking at right now) does that mean a month or every six months? i am so confused
(as soon as i can figure this thing out i'll post pics of the house and see what you think about)


Asked by noel1978 at 11:55 PM on May. 1, 2012 in Home & Garden

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Answers (6)
  • PITI = Principle, Interest, Taxes, Insurance. Could your monthly payment include $200 for taxes? YES. Which would make your property taxes about $2400 a year.


    Answer by meooma at 9:17 AM on May. 2, 2012

  • can you get on the county auditors page? If you can do a property search you should be able to see how they break it down.

    Answer by luvmygrandbaby at 11:57 PM on May. 1, 2012

  • A month usually

    Answer by butterflyblue19 at 7:41 AM on May. 2, 2012

  • pics we want to see your new home.

    Answer by meooma at 9:19 AM on May. 2, 2012

  • That's cheap. In NJ our taxes are through the roof. We pay over $9200/year in taxes. My brother pays over $13,000/year in taxes where he lives and my in-laws pay about $10,000/year. BTW, our mortgage is with our credit union and taxes are not part of the monthly mortgage. We pay quarterly directly to the town. It means that we have to budget for it in our savings account.

    Answer by robinkane at 10:04 AM on May. 2, 2012

  • this is our first time ever looking this deeply for a house to buy, and i'm so lost with all the info, i am so glad i'm part of this site, or i would simply scream!

    Comment by noel1978 (original poster) at 10:51 AM on May. 2, 2012

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