We purchased a pre-owned home and our taxes were far higher than those quoted on the information provided in the specs for the house. This is not a criticism. The information is based on the current taxes paid by the former owner. Taxes are based on appraised value on pre-owned homes which also correlates to mileage estimates. If the property you are purchasing has never been re-appraised the current owner may be paying taxes on a house that has not been appraised for 6 or 7 years. This difference could account for a difference of over thousands based on a new appraisal. I know ours was at least 1500 more. Again, not a criticism.. it is what it is.. but it's very important if you are attempting to estimate your purchase costs.
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