who_am_I? asked:


Person paying taxes on a home not under their ownership, how long does this person have to pay taxes on the home before the state considers it theirs? Is this even possible?

caberstevens asked:


We just noticed our property tax statement (which determines our assessment and thus taxes) has incorrect information about our house. The county property taxes shows a one level house when we have three levels plus it has too little square footage listed. They even lost a couple of rooms and our air conditioning on our tax records! What a mess it is! We don’t know when this happened, but we just noticed it recently. Should we contact our county tax office to get it corrected and if so, will we owe back taxes back to the time someone messed the records up on our house? We may want to sell the house in the next year or two, and our realtor told us it would be better to market if it is corrected. Thanks for any insight or information.

surferboy13131 asked:


How many months of taxes and home owners insurance do I have to prepay on an impound account on a home loan? The bank is charging me 4 months of prepaid taxes and an additional 6 months of prepaid taxes and 2 months of prepaid homeowners insurance and 1 year prepaid of homeowners insurance. I will also be paying them in my monthly statement.

JohnPau2010 asked:


I am planning to buy my first home and there are some homes which have property taxes around 3k-4.5K /year

There are some newly constructed homes(2004-2005 model) and they have higher taxes of around 6k – 7K/year.

1) Is it worth buying these newly constructed homes with those higher property taxes ?

2) Any other pros & cons you could suggest.
May be the newly constructed ones have the SSA taxes as well

Eston asked:


I have heard that the purchaser can be assess taxes based on the highest value of the home in the last three years rather than on what the purchaser actually paid. Is this accurate?

mrsj asked:


For the past 5 years, we haven’t had enough money to file taxes. But now we want to sell our home and move. Is buying a new home a tax deduction? Will we have to pay taxes on what we get?

Steffen C asked:


I read an insert for a home that my husband and I were looking at and part of it stated: “property taxes $—-.–, however homestead taxes are much lower”. I am assuming that these two are different kinds of taxes, but do you have to pay both and why is one cheaper than the other?