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July 14, 2010 3:48 pm at 3:48 pm
#690045
philosopher
Member
The cost of a house is not the only consideration one should take into account when buying a house. Property taxes is a major issue that has just as big of of impact on s/o’s pocket as the cost of the house itself.
In addition to the current tax rate, it’s important to look at how much the rates increased in the last few years in the erea one is looking to by a house because it may be an indication of what will happen with the taxes in that area in the coming years.
I’m talking with 20/20 hindsight here.