Re: Lowball Offer on House
Here is the breakdown on taxes and insurance from the good faith estimate:
12 mo hazard insurance @ 150/mo = $1800
3 mo hazard insurance reserves @ 150/mo = $450
3 mo tax reserves @471.58/mo = $1414
Total ~ $3700
Property taxes are high in Texas. And it is the same as Illinois, you pay 2006 taxes the following year.
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