City taxes aren't what is killing me, it's the ISD taxes that hurt the most. They make up over half my tax bill, and I believe the ISD here is sending more than half of their revenue to Austin in the form of recapture.03Lightningrocks wrote: ↑Fri Sep 02, 2022 7:38 pm My insurance has gone up steady every year for the past many years. One problem I have is that the City of Plano keeps increasing the value of houses. I would protest but house all around me are selling for more than the city appraisals. How do I win that contest? I am not even sure who my carrier is. My insurance covers full replacement costs in case of a major catastrophe plus a 150K in personal property loss. I price shopped and every single estimate is more than I pay. Taxes and insurance is adding 750 dollars a month to my darned house payment. I bought this place in 1996 and owe 185K due to one refinance I did. My payment with taxes and insurance is 1750 a month. My neighbors I moved in with have all bailed out and made as much or more than double what they paid. I paid 141K for this house. The bank that had repossessed it wanted 161. My realtor even fought me on offering so low. Long story short. I am glad my house has nice equity but I am getting choked out on the increases due to property value increases.
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- Sat Sep 03, 2022 12:26 am
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- Topic: home and auto insurance renewal increases farm bureau
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