The federal government is attacking Texas

[bigarrow]

Quote from Lucrum:

So I'm paying a mortgage AND rent?

Don't know about property taxes in your state but in Texas it's like a second mortage payment combine that with some of the highest property insurance rates in the nation and your looking at perpetual high payments.

 

[AK Forty Seven]

Quote from bigarrow:

Don't know about property taxes in your state but in Texas it's like a second mortage payment combine that with some of the highest property insurance rates in the nation and your looking at perpetual high payments.

I've read about that before

About how much are yearly property taxes on a 250,000 house in Texas ?

 

[Tsing Tao]

Quote from Lucrum:

If you despise republicans so much why force them to remain in the union against their will?

Where do you think GDP comes from?

 

[AK Forty Seven]

Quote from Tsing Tao:

Where do you think GDP comes from?

Only 1 solid red state from the biggest 5 gdp states

3 solid blue states and 1 purple state

 

[Lucrum]

Quote from bigarrow:

Don't know about property taxes in your state but in Texas it's like a second mortage payment combine that with some of the highest property insurance rates in the nation and your looking at perpetual high payments.

I'm not sure how ours compare to yours bigarrow.

I never really looked at them as rent though, I thought property taxes were for services like police, fire and schools. And insurance was in case my house burnt down. etc.

 

[seneca_roman]

Quote from AK Forty Seven:

I've read about that before

About how much are yearly property taxes on a 250,000 house in Texas ?

As a TX resident, I see taxes generally run about 3% of market value. Most appraisal districts do a good job of properly assessing that value.

Insurance varies widely depending more or less on how close you live to the coast/hurricane zones. My house in Houston cost about 1.5% of market value while my current house in the Hill Country runs around 0.2%.

Seneca

 

[AK Forty Seven]

Quote from seneca_roman:

As a TX resident, I see taxes generally run about 3% of market value. Most appraisal districts do a good job of properly assessing that value.

Seneca

Thanks

Doesn't seem to bad considering a 250,000 house in Texas is usually twice that or more in many other states

 

[Tsing Tao]

Quote from AK Forty Seven:

Only 1 solid red state from the biggest 5 gdp states

3 solid blue states and 1 purple state

Fantastic research. Now go into those states and actually figure out who makes the money. Once you do, determine whether they are republican or democrats.

And last I remember, both Texas and Florida are "red states" - meaning they tend to vote republican, not that I was referring to actual states in my commentary, mind you.

 

[AK Forty Seven]

Quote from Tsing Tao:

Fantastic research. Now go into those states and actually figure out who makes the money. Once you do, determine whether they are republican or democrats.

And last I remember, both Texas and Florida are "red states" - meaning they tend to vote republican, not that I was referring to actual states in my commentary, mind you.

1.They make their money from democratic policies then vote republican to pay less taxes on their wealth and income

2.Florida is a purple state

http://en.wikipedia.org/wiki/Red_states_and_blue_states

 

[pspr]

Quote from seneca_roman:

As a TX resident, I see taxes generally run about 3% of market value. Most appraisal districts do a good job of properly assessing that value.

Insurance varies widely depending more or less on how close you live to the coast/hurricane zones. My house in Houston cost about 1.5% of market value while my current house in the Hill Country runs around 0.2%.

Seneca

It varies quite a bit in the Dallas area. When we bought we took that into accuount and our RE taxes are around 2%. I've lived in states with a state income tax and I absolutely hate having to pay more income taxes even if the net cost is the same.