Hi to all!
I wanted to know how much would a budget of $2000 a month for a home get us? Can I get a home for at least $400k
Also Me & wife are debt free with a net income of $5,600 a month, credit is 630 middle score.
Also we don't really wont to put money down if we don't have too, can we get away with that?
Another ?, property taxes are based on the sale price right? Or square footage? If you have a house that's was originally $400K based at 1.75% to 2.25% but now is $275K and those taxes were based on the first sale price can you ask to have the tax modified? (I'm in Illinois)
Or do you know what Matteson IL tax rate is?
Just to clarify, property taxes are not always based upon appraisals. In Cali they are based solely on the previous sale price of the home unless you petition for a change in the tax amount based upon home value dropping. They do not come out every few years and re-assess.