Hot Texas housing market leads to increased property tax appraisals

[hydusguy]

53 minutes ago, veerigadu said:

ushoooooo....Almost 2% anteee.....oka 800K house meedhaaa 16K nakipoyinnatenaaa per year.

Thats like almost 3 months salary in a year. 5years lo 100K with inflation adjusted. anteee every 5 years lo 1 year free ga pani cheyyaliii anamata property taxes kattanikeee Texas lo. vamoooo

 

@chandrabhai7 suggest some ideas to the needful. 

i think tax is not on market rate

[pandu123b]

inka vadilesey le papam.

edo telisee teliyaka konnaru.

maa office lo okadu, naku ikkada (recently moved to Austin for job), high property tax chusi shock ayyanu ante, he was saying its just 12% e kada, pedda ekkuva kadu antunnadu.

My tella manager shocked and laughed at him .so he doesn’t even know how much tax he needs to pay, he just moved to his new house. 

repu bill chusaka mind block avtadi emo…

idi kaka telegram groups , endo, state tho fight chesi tax taggichalani…

papam, veella kashtalu aa Mohan Babu kuda rakudadu..

[Guest]

37 minutes ago, veerigadu said:

Idhi thelisi kudaaaa konnara? theliyaka konnara? 

Anni telise kontaru anna. Loan approval lo anni numbers untay. Vaallaki leni pain manakenduku

[pandu123b]

Just now, Guest said:

Anni telise kontaru anna. Loan approval lo anni numbers untay. Vaallaki leni pain manakenduku

property tax, loan approval lo enduku untadi?

they get appraisal and tax every year from county.

[pandu123b]

7 minutes ago, hydusguy said:

i think tax is not on market rate

lates tax bill lo, the value is more than market rate.

texas state vadu, without lube baga dimpadu.

just google for texas tax bill shock ani 

[Anta Assamey]

22 hours ago, pandu123b said:

property tax, loan approval lo enduku untadi?

they get appraisal and tax every year from county.

Initial ga untundi … to get an idea of monthly payment … from second year you will get from county..

[Guest]

3 minutes ago, pandu123b said:

property tax, loan approval lo enduku untadi?

they get appraisal and tax every year from county.

Anni numbers untay including HoA, insurance and atleast 6 months funds to cover monthly payments 

[HugoStrange]

29 minutes ago, Netflixmovieguz said:

State tax lloo double income 8% pedddithhe tappuuu lennnndhhii 3% kki cryingg enndhhi sendral laaaggaaa annni db youth asking

nee yearly salary home price ki equal aa kaka, Salary 100 to 200k untundi, home 600 to 1M untundi, there is a big difference

[jefferson1]

Corporates ki benefits isthu , ikka middle class daggara baga dobbesthunnaru 

[mettastar]

28 minutes ago, pandu123b said:

lates tax bill lo, the value is more than market rate.

texas state vadu, without lube baga dimpadu.

just google for texas tax bill shock ani 

Ey oorlo appriasal more than market value vachindi? Cream bisket idi

[mettastar]

For homestead there is a max 10% increment cap year over year.. if you home appraised at 400k last year they can only increase to 440k this year. 40k meda 3% ante $1200 increase

[Mana_istam]

Double incomes families pay more in state taxes (8-12%) plus property taxes(2%) in other states. Texas still has great advantage with 20k in property taxes. Family making 300k is paying more than 25k in state taxes alone. More salary more income tax. Works for them.

[veerigadu]

4 minutes ago, mettastar said:

For homestead there is a max 10% increment cap year over year.. if you home appraised at 400k last year they can only increase to 440k this year. 40k meda 3% ante $1200 increase

Yes 10% kante ekkuvaa penchaleruuuu per year. Thats what I heard. 

[mettastar]

8 minutes ago, veerigadu said:

Yes 10% kante ekkuvaa penchaleruuuu per year. Thats what I heard. 

And if home prices comes down in next 1-2yrs .. malli back to normal avuthadi or will stay where it is now ..

 

And nee example lo 120K pay vachevadu 700K home enduku kontadu vuncle .. he might buy a 350k home

[veerigadu]

5 minutes ago, mettastar said:

And if home prices comes down in next 1-2yrs .. malli back to normal avuthadi or will stay where it is now ..

 

And nee example lo 120K pay vachevadu 700K home enduku kontadu vuncle .. he might buy a 350k home

nenu kuda alane anukunnaaa...but double income unte 800k above. single income unte 500 to 700K is new norm in dallas or austin area. probably 300 to 400K range lo homes levu emo mariii. I'm not sure.