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Old 01-02-2017, 06:07 AM
Susan Schonfeld Susan Schonfeld is offline
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Default Property taxes

Usually you figure taxes on a home about 1% so a $300,000 home would be about $3,000 a year plus if you only have 1 home in Florida and use the Homestead you deduct $25,000 off the price of the home which would make it about $2750 a year. We paid the bond off at closing because when we added the interest if we paid it out over 20 years was astronomical- like 30% if I remember. The Morse family received this government loan money to build interest free and that's why they have been in court fighting why they are charging interest to you,