Submitted by NachoDog1000 t3_z8gq02 in personalfinance
Duffmanlager t1_iycy4b1 wrote
Reply to comment by NachoDog1000 in $600 Mortgage Payment Increase??? by NachoDog1000
Well, there goes that idea. Any chance your property was reassessed? In my county, they reassessed all properties recently for the first time in 20+ years. Some properties saw significant changes in their taxes as a result of this. I’ve heard some places will reassess upon the sale of the property which can cause severe changes if the property hadn’t sold in a long time. Depending on where you live, Zillow can be a good resource for determining historical taxes and assessed value.
NachoDog1000 OP t1_iyei8tm wrote
That's likely what happened
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