Mortgage :(

Tree0164 · #1 (**permalink**) 02-14-2005, 02:00 PM

I hate getting mail from my mortgage company this time of the year. Usually it talking about my monthly payment going up and this year was not different. Both taxes and our home insurance went up so does my mortgage payment. This year by $68. I was paying an extra $50 a motnh so my budget won't take that much of a hit but still gets my goat.

Just a vent.

Tammy · #2 (**permalink**) 02-14-2005, 05:24 PM

Hugs!!! Ours went up $114 a month!

seaar2000 · #3 (**permalink**) 02-15-2005, 02:16 AM

Mine went down $3.00. Do you have your taxes and house insurance on your mortgage? If so, see if you can bring down your house mortgage. Some people tell me that you can go down and see if you can get your taxes lowered. Never tried. I should to see if it would help, but when trying to fight with the city about taxes I feel you may end up talking to the wall.

seaar2000 · #4 (**permalink**) 02-15-2005, 02:18 AM

I meant to say see if you can bring down your house insurance or see if you can get a better deal on your house insurance somewhere else. This may help lower your house mortgage if you do have your house insurance included in your mortgage.

txjman · #5 (**permalink**) 02-15-2005, 10:09 AM

I actually work for a company that provides property appraisal software to appraisal districts and tax offices. You can protest the value of your home, and possibly lower your taxes. Just so you know, they are armed with a ton of information regarding the market value of your home. I'm not trying to discourage you from doing that if you wish, but you will need to go into this thing prepared. Simply asking will not get anything done with these people.

2moretrees · #6 (**permalink**) 02-15-2005, 12:01 PM

Quote:

Originally Posted by txjman

I actually work for a company that provides property appraisal software to appraisal districts and tax offices. You can protest the value of your home, and possibly lower your taxes. Just so you know, they are armed with a ton of information regarding the market value of your home. I'm not trying to discourage you from doing that if you wish, but you will need to go into this thing prepared. Simply asking will not get anything done with these people.

Make sure you are very prepared and have evidence that shows you're being overcharged. I had a friend go into complain and try to get her assessment lowered and they RAISED it another $50 a month.

DivaJen · #7 (**permalink**) 02-15-2005, 01:32 PM

Doesn't everyone's property taxes go up every year? I assumed they did. They sure do here in CA

Tree0164 · #8 (**permalink**) 02-15-2005, 03:54 PM

My house assessed value is $155k but my next door neighbors who have the same exact style of house plus same land sold their for $340k last fall. I don't know about going to get it assessed. We shopped around for home owners last years when ours went up $400 for the year but we are still paying on the cheaper side.

Momof3grls · #9 (**permalink**) 03-09-2005, 09:05 PM

Yes you can protest! One thing to remember is you want your house valued low if you plan on staying but if you want to sale you want it appraised higher KWIM.

I never have protested my taxes but my mom & dad used to do it every years & it did help them!! I have thought about protesting & telling them look at my house it looks horrible its not worth that much LOL!!

I have though switched insurance companies to help with the prices of my mortgage

SeeAPenny · #10 (**permalink**) 03-09-2005, 09:11 PM

Our house is no great shakes either (old fixer upper still in need of fixing up), but we do have one of the larger lots in the neighborhood -- so, we pay accordingly. And yes, our taxes go up every year too -- ouch!