The “Water Cooler” is a feature on Claycord.com where we ask you a question or provide a topic, and you talk about it.
The “Water Cooler” will be up Monday-Friday in the noon hour.
QUESTION: If you own a home, what’s your mortgage payment, and how much are your property taxes? If you rent, how much do you pay for rent?
Talk about it….
I don’t have a mortgage. Using my GI bill, I bought my home on a VA loan with no money down. I took out a 15-year loan and paid it off in 1999, saving big bucks on interest. The monthly payments were slightly higher on a 15-year loan, but well worth it. When I was making payments, it was something like $500.00 a month. As for property tax, I’m too lazy to look it up right now, but it’s not too bad.
I own and my mortgage is $1,400 a month. Property taxes are about $10,000 a year.
1830 sq.ft. 3 bed/2 bath.
Own two
Two paid off, Grandson and family live rent free in 1st house.
Property taxes combined under $7,000.
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Two reasons homes are so expensive today, big corporations are buying up house to rent out. Second reason people from other countries are buying houses as a place to park their money, one is appreciation second is to keep their money safe from their own country’s uncertainty.
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Related to foreign buyers, British Columbia, Canada recognized their foreign buyer problem and their politicians who actually care about people they represent, implemented financial penalties on foreign money to a point foreign buyers shifted south into Washington, Oregon and California.
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From what I have seen your elected public servants don’t give a rat’s posterior about American citizens being priced out of housing market.
Yet you still vote for them . . . . . .
Why is that ? ? ? ?
….because they’re too lazy to do any research or thinking on their own and just vote for incumbents – imho
No mortgage. About $3k/year in property tax. However, the monthly hoa due is $500. I am thinking to cash out and move to Benicia cuz the hoa due goes up almost every year and there might be a special assessment coming soon.
You know it’s very tempting to post on here my mortgages and property taxes and whatt not but you know it’s really nobody’s business.
Count our Blessing.
Been here at our house 45 years.
Had it paid off in 2003.
P/T is about $2200 a year.
Hubby retired April this year.
Mortgage: ZERO. Paid off a 15-yr VA loan in 2013.
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Property Tax: $2,400 per year.
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Long -term ownership has its rewards. Thank goodness for Prop. 13 because liberals never heard of a tax they didn’t like.
first property in this state paid off, taxes are around $6-7000/year. second property in another state, mortgage is about $4600 on 15 year note (we’ll pay it off in fewer years than 15), with property tax about $3000. House is about 400 sqf larger and the lot is 1/3 acre v home here of less than 1/4. That property is retirement property.
Mortgage $3,358.46 Impound Disbusements from Escrow- Property Tax – $9,346.30
Hazard Insurance, Home Insurance.