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7,985 Views • 1 month ago • Click to toggle off description
⚠️ What Banks Don’t Tell You When Buying A Home 🏡
Most homebuyers are shocked when their mortgage payment jumps up after buying. Here’s why ⬇️
✅ Your Taxes Will Go Up
• After you buy, the county reassesses your home’s value every year.
• If values rise → so do your property taxes.
• This is especially common with new construction homes.
✅ How to Lower Your Taxes
• File for your Homestead Exemption with the county (primary residence only).
• This locks in savings and helps reduce your taxable value.
✅ Dispute If Needed
• Don’t agree with your assessed value? You can petition the county to dispute it.
• Back it up with comps and market data to lower your bill.
👉 Pro tip: Always check your escrow account so you’re not surprised when property taxes increase.
Follow for more smart homeowner tips! 🏡💡
#mortgage #realestateteam #realestate #home #mortgagetips #propertytax #taxes #mortgagetips #home #firsttimehomebuyer
Views : 7,985
Genre: Education
License: Standard YouTube License
Uploaded At 1 month ago ^^
warning: returnyoutubedislikes may not be accurate, this is just an estiment ehe :3
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RYD date created : 2025-08-28T04:43:10.223682Z
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13 Comments
Top Comments of this video!! :3
Bought my house in 2003. Last change in appraised value was a reassessment done in 1997. In PA the state constitution requires reassessment of all county properties at the same time, so sale alone will not trigger a reassessment.
2 | 2
The banks never tell you that the loan money they give you is not deposits but they make it up from fresh air & charge you interest on it.
1 | 1
New construction property taxes go up, but not on an existing property, right?
| 1
I dont believe anything you say
2 | 0
so rent my house from the government while I pay taxes on the money I already paid taxes on
| 0
That's all half truth and not reality
| 0
Also not brought up enough by real estate broke-ers.
| 0
Suppose you buy empty land which has a low property tax. Then you build a home with your own two hands. Then your property tax triples. Why should it be this way? What is this prison planet of a system we're living in?
2 | 0
@meres_mortgage
1 month ago
If you're planning to buy a home and want to know how much is your buying power - click on the link to schedule a call
calendly.com/meres_mortgage/15min
| 0