looking for idea- house loan programs

Welcome to the Precious Metals Bug Forums

Welcome to the PMBug forums - a watering hole for folks interested in gold, silver, precious metals, sound money, investing, market and economic news, central bank monetary policies, politics and more. You can visit the forum page to see the list of forum nodes (categories/rooms) for topics.

Please have a look around and if you like what you see, please consider registering an account and joining the discussions. When you register an account and log in, you may enjoy additional benefits including no ads, market data/charts, access to trade/barter with the community and much more. Registering an account is free - you have nothing to lose!

hmm- I guess not- I am as cheap as it gets - it appears
 
Cliff,
If you already have a cheap mortgage, don't fool with it. If you try for a new mortgage, they w2ill re-value the home based upon a lot of factors, but the possibility that they value it higher than when you bought it exists. That new price then becomes the basis for your property taxes. You might get a cheaper rate, but you might also end up paying more in taxes because of the re-assesment.
 
Cliff,
If you already have a cheap mortgage, don't fool with it. If you try for a new mortgage, they w2ill re-value the home based upon a lot of factors, but the possibility that they value it higher than when you bought it exists. That new price then becomes the basis for your property taxes. You might get a cheaper rate, but you might also end up paying more in taxes because of the re-assesment.

what he said. My 29,000 2200 sq foot duplex has become a 89,000 2200 sq foot duplex. And I've only painted it once. My property tax has gone from 400 to 1756 in ten years.
 
Back
Top Bottom