Monday, October 25, 2010
Increased Property Taxes
Got our property taxes yesterday and realized they were due at the end of the month.. not sure what I was suppose to do as our property taxes are part of our mortgage that I pay every month. So I called Bank of America to ask. Good thing is they were aware of them and planned on paying for them by Nov. 1st. Bad thing was when she told me the amount $1139.25 twice a year, which was last years amounts it wasn't the same amount on this new statement. It is now $1895.94 twice a year. .that's about $1500 more a year in property taxes. And because of the increase our monthly mortgage is going to have to go up to cover the taxes. Now I have to wait for BofA to get back to me and let me know how much it's going to go up.. I'm expecting at least $125 extra a month, which is going to hurt us. I plan on calling the Assessor's to find out why the taxes went up to much from last year but in the end there really isn't anything I can do, I mean we have to pay property taxes, whatever amount they are.. Thank goodness I have a new job on the way.