I'm sure most of you have thought of this, but if not, here it goes.
Because of the decrease in home values, the basis for collecting property taxes on your home has gone down.
Therefore, so should your tax.
If it hasn't already happened automatically, call the taxing body in your ares and say you want a reappraisal of your home's value. My mortgage payment went down 98.00/month.
Also check your homeowners. Decreased value means decreased coverage and decreased cost of insurance.
CSJ
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We just had to change companies and policies for all of the insurance coverage for our home, cars and boat. FUN!!! Time to look for a new casa to decorate!
ReplyDeleteGOOD LUCK
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