Florida Home Buyers BLINDSIDED By TREMENDOUS Cost To Own

[Htrb-nvr-blk-&-ug-as-evr]

It's real tricky with a new house that doesn't have a history. Our taxes went from 5k to 8k.

That’s typical for new construction. Often the land only is assessed in the first year and both house and land assessed the second year, creating a spike. A lot of folks get got when it’s either not explained to them at closing or they don’t t pay attention. It really should be mandated that the estimated taxes on house+land be factored into mortgage for the first year to avoid those surprises.

 

[beenz]

I just went down to the tax collectors office today. I am a disabled vet so that means zero property taxes. The savings have me

that's a fukking lick there. If I didn't pay property taxes, my monthly payment would be slightly under $1000 a month.

 

[beenz]

I have both my property taxes and home insurance bundled thru costco's insurance program.

my car insurance is $700 for 6 months currently (dropped from $900 in Jan)

my home insurance is $1980 for the annual premium.

 

[O.T.I.S.]

Subs

 

[JT-Money]

9 states where homeowners' insurance costs are expected to increase the most this year​

9 states where homeowners' insurance costs are expected to increase the most this year

Louisiana, Iowa, and Hawaii top the list of states that are expected to see the sharpest increases by end of 2025.

www.businessinsider.com

 

[Richard Glidewell]

State Farm quoted me $600 a month for car insurance in MD while everyone else quoted me $225 or less.

fukk is you driving breh?!

 

[beenz]

9 states where homeowners' insurance costs are expected to increase the most this year​

9 states where homeowners' insurance costs are expected to increase the most this year

Louisiana, Iowa, and Hawaii top the list of states that are expected to see the sharpest increases by end of 2025.

www.businessinsider.com

here's the non-paywall link to this article:

https://archive.is/KWQvS

louisiana having an average insurance price of 14K is fukking savage tho

 

[The Phoenix]

I have both my property taxes and home insurance bundled thru costco's insurance program.

my car insurance is $700 for 6 months currently (dropped from $900 in Jan)

my home insurance is $1980 for the annual premium.

Year make model? Because that's damn good.

 

[tuckgod]

Locked in at 2.65 and I thank my Lord and Savior every glorious day

 

[beenz]

Year make model? Because that's damn good.

2015 acura tlx. I do have full coverage tho. so I'm not just running around with liability.

 

[beenz]

Locked in at 2.65 and I thank my Lord and Savior every glorious day

the rate is locked, but we can still get fukked over by taxes and insurance. I was paying $1700 in property taxes a year 2 years ago, and now I'm paying $4700 a year.

 

[tuckgod]

the rate is locked, but we can still get fukked over by taxes and insurance. I was paying $1700 in property taxes a year 2 years ago, and now I'm paying $4700 a year.

That’s insane brother where are you?

 

[JT-Money]

 

[duck]

Locked in at 2.65 and I thank my Lord and Savior every glorious day

Got mine 2.62. Closed on the house in october 2020

 

[tuckgod]

Got mine 2.62. Closed on the house in october 2020

Bless you and your family brother