Arlene, thanks for all the info! very informative... regards to your hubby and baby!
--- In [email protected], "tribalknowledge" <[EMAIL PROTECTED]> wrote: > Hope you're feeling better now. > > Regarding mare-refund sa tax, to give you an idea...I played with the > figures in Turbo Tax for our 2003 tax return. That year we owe $1481 > in taxes. Nung tinanggal ko yung property tax and mortgage interest, > tumaas sa $2456 yung income tax na dapat bayaran. > > Property tax...it depends on the value of your property and the tax > rate. Etong county namin, merong website where you can find the tax > rates (www.collincad.org). Ang computation yata is (not very sure): > property tax = (value of property less exemption) * tax rate > > For example, eto yung property info ng isa naming kakilala: > (http://www.collincad.org/collindetail.php?theKey=2062475) > For 2003, ang Appraised Value ng property nila is $238,720. If you > add up the tax rates, you will get a 2.351646% tax rate. Let's say > they have a 10% homestead exemption. So their 2003 Property Tax is: > ($238,720 less (10% of $238,720)) * 0.023516 = $5,052.365568. Bale, > $421.03 per month. Caveat: Again, I'm not really very sure about > the computation. > > Homeowners assn dues, around $300 - $360 a year, depending on the > community. Some communities walang homeowners assn. > > Insurance, try to shop around. Ours is with Texas Select that we got > thru (http://www.1800thanksal.com/). > > Escrow acct = an account held by the lender into which a homeowner > pays money for taxes and insurance. Please avoid this. You can pay > your property tax and your insurance on your own. The lender will > just earn interest on your money :) But I think this is ideal for > those who don't have the discipline to set aside money for property > tax and home insurance. > > Nga pala, alam mo bang puwedeng maki-haggle sa price ng bahay? I'm > not sure what my husband said to the sales person pero napababa yata > niya ng at least $15K yung price ng bahay. I'm not sure if it's due > to the fact that we're not realtor-assisted kaya kami naka- discount. > > O sige, good luck! Kami dati ang pinaka-exciting time for us during > the homebuying process is yung pagpunta-punta sa mga model houses, > looking at different floor plans, yung pagpili ng mga type/color ng > carpet, countertop, tile, brick, tiles, appliances, etc. > > Enjoy! ------------------------ Yahoo! Groups Sponsor --------------------~--> Give the gift of life to a sick child. Support St. Jude Children's Research Hospital's 'Thanks & Giving.' http://us.click.yahoo.com/h8TXDC/6WnJAA/HwKMAA/oNXolB/TM --------------------------------------------------------------------~-> Ask our other classmates to subscribe, tell them to send an email to: [EMAIL PROTECTED] Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/4c-math94/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
