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I am wanting to sale my house and buy another. my property tax right now is 2400.00 a year, how much will it go up if I buy this 800,000 house?

2007-03-21 12:43:04 · 4 answers · asked by Anonymous in Business & Finance Renting & Real Estate

4 answers

You subtract a $7000 homeowner's exemption and then take 1%. In addition there are any bonds or assessments that were approved by the voters.

2007-03-21 12:51:01 · answer #1 · answered by Barkley Hound 7 · 0 0

You definitely want to find out if there are cfd's, bonds or assessments (including an HOA) that can be in addition to your property taxes. In N.CAL where I live the prop tax is 1% of the price you closed in escrow.

2007-03-21 13:20:58 · answer #2 · answered by sandibum 5 · 0 0

property tax i now 1 1/4 % of the going price. it use to be 1% but has gone up. WOW, is it worth it???? which price is it???

2007-03-21 12:49:51 · answer #3 · answered by brown eyes 4 · 0 0

can i borrow some money.

2007-03-21 12:45:52 · answer #4 · answered by .K. 3 · 1 0

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