Aug 3, 2021
7:57:58am
7:57:58am
Everyone should have known what the taxes would be at X purchase price
You, the realtor, the lender; everyone.
Before you made your offer, you should have known approximate taxes at the offered price.
Offer $1 million, your taxes are going to $10K plus local assessments of $1-3K.
What the previous owner paid has zero to do what the new owner will pay.
Before you made your offer, you should have known approximate taxes at the offered price.
Offer $1 million, your taxes are going to $10K plus local assessments of $1-3K.
What the previous owner paid has zero to do what the new owner will pay.
- Bio page
- TeeKaa
- Joined
- Jun 11, 2003
- Last login
- Apr 27, 2024
- Total posts
- 10,064 (153 FO)
Messages
Time
8/2/21 10:52pm
A colleague I know just bought an Eichler style home in Palo Alto, and he is going to pay many multiples more in
8/2/21 10:56pm
8/2/21 11:01pm
It’s always easy to pass the buck to the next guy. Such a terrible solution with compounding knock on effects. If
8/2/21 11:05pm
8/2/21 11:09pm
Right. California voters are dumb. Elect legislators that make good solutions. Don’t create terrible solutions to
8/2/21 11:11pm
8/3/21 10:10am
8/2/21 11:57pm
8/2/21 10:57pm
8/3/21 6:57am
I know it sucks, but Prop 13 did not double the tax. Prop 13 kept the previous owner's property tax from rising up to
8/2/21 10:59pm
8/2/21 11:10pm
8/2/21 11:50pm
8/3/21 8:01am
8/3/21 7:11pm
Prop 13 is an absolute nightmare and a perfect example of how government is so ineffective at solving problems
8/2/21 11:01pm
8/2/21 11:09pm
Why are you moving there? Lots of non-California options out there. I’d have to be paid an ungodly amount of money…
8/2/21 11:01pm
8/2/21 11:14pm
8/2/21 11:46pm
8/3/21 5:51am
8/3/21 6:58am