Update-Escrow for taxes doubles?
well, after several back & forth with the bank, it appears that as several of you stated - the first couple of months of escrow represented taxes based on the land. And now we're being taxed for the house, which is still almost double what our larger Labelle home is. There was no indication anywhere on our closing paperwork that that amount was for unimproved land, which we really have an issue with the bank for not making that clear. And why the heck are the taxes so extremely high just because we changed counties, less than a mile from the other house and taxes are almost double. I'd expect this up in CT, where our summer home is, but thought the tax situation was better in Florida. Smaller home down here, in Lake county and taxes are even higher than a larger, lake front home in CT. How the heck is this a tax-friendly state??? Guess we have a lot to learn.....
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