PSA - TAXES

[AR15L]

I got my monthly mortgage bill today.

Says I'm short on my escrow fees.

No shit Sherlock... After King County RAISED the fuck out of the taxes!

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Be prepared.

[xman]

I just paid almost $7500. Next year will be more.

[moktor]

Yep, got my escrow notice here a month or so ago letting me know they'd start taking out roughly an extra $100 a month to make sure the gubmint gets its cut.

Good times.

[movingviolation]

yup, went up 45 bucks a month for my mortgage

[PAPISJEEP]

same shit here pissed me the fuck of, extra 75$ a month

[Arisaka]

I'm up to $12.5k a year now

[AR15L]

I'm up to $12.5k a year now

You must have a nice house.

[Massivedesign]

Best thing I ever did was pull the power of PTI from my mortgage company. I’ll pay them myself, thanks.

[CQBgopher]

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Last edited by CQBgopher on Sun Jan 20, 2019 5:15 pm, edited 1 time in total.

[mmalleck]

Almost a $300 bump per month for me through the end of the year - $1900 short for the remainder of the year. So much for paying extra towards the principle.

[lionhrt]

They ripped us up north too, freaking bitches

[Massivedesign]

Best thing I ever did was pull the power of PTI from my mortgage company. I’ll pay them myself, thanks.

Invest the money at 10.2% or higher RoR and pay off the county every 34 months to avoid repossession......the standard Montesano logger trick.

HA! I don't walk that tight of a line. The first time my mortgage co sent me a bill for $$ owing into escrow because the PT went up I was floored. Yes, I saw the statement, yes, I should have known. But being a new homeowner I had NOT budgeted for that.

When I re-fi'd, I pulled the power away from them and pay it all on my own. I do get some return on my $$, but the important part is that I GET that interest, not the bank. It also helps me do a better budget for the house.

[A.O.]

I just got a, "We say your house is worth more suddenly, so pay us more taxes or we will continue to raise the tax until you're forced to sell the place to someone else who can." Notices. Felt arbitrary. Good to get those notices if you're about to sell, but not a year after your purchase. Our place's value has gone up twice (about a total of $70k more) that it was when I moved in last July. Now I feel I'm going to be over budget from monthly taxes alone.
(We're out in Port Orchard in Kitsap county)

[Pablo]

Best thing I ever did was pull the power of PTI from my mortgage company. I’ll pay them myself, thanks.

Yep. I hate escrow accounts for paying my bills, thank you very much.

[sportsdad60]

I'm paying $8500 a year now. When we bought this 1 acre and built the house in 1997 it was $3,690. Pierce County is as greedy as King these days. Bastards.

My 6 acres property tax on the MT place is $1420/year. It is estimated to be $3800-$4200 range after the home is built.

MT property taxes are not oppressive. And best part is....NO SALES TAX!

However, MT does have a state tax on income, max is 6% but we will never even come close to that based on their graduated income tax ladder. We will pay $4800/year in state income tax (2 pensions plus 4% of our 401k draw down over 35 years)
Our total tax burden in MT in 2019 (except fuel tax at the pump) will be roughly $9000 .
I estimated if we stayed in WA state, spent the same money thats taxable combined with our property taxes in 2019, WA we would pay $13,300 in taxes.