Home Sellers Will Receive MILLIONS IN COMMISSION REFUNDS! kzread.info/dash/bejne/aal7tbeMZbabl7g.html

@floydestelle6242

2 ай бұрын

5.00

@Theoptionslife777

2 ай бұрын

Don't know how much of that won't get eaten up by the lawyers. we will see. Its all Bread and circuses .

@tomsapolis2816

2 ай бұрын

Michael, HOA's clearly have become a huge problem for lots of folks. Could you do a video explaining how HOA's came about and why they hold so much power today?

@barrywegner7779

2 ай бұрын

Hey Der michael guy, how about directing the budget pie for a city. It explains where teacher pay comes from, what portion covers pensions, operating costs, etc. Teachers and city workers only receiving penny's on the dollar may surprise them in the future.

@barrywegner7779

2 ай бұрын

Disecting

The utilization of after-tax money and tax-free growth makes opening a Roth IRA very advantageous. Through a careful guidance of my FA, I did not pay taxes on my withdrawals of $2.86 million when I retired.

@TheresaAnderson-kf5xw

Ай бұрын

I don't regret the numerous financial mistakes I've made in the past since I've learnt from them. But the biggest one was planning my finances without consulting with a licensed financial counsel.

@maryHenokNft

Ай бұрын

Indeed, I did make use of a financial counselor. As I get closer to retirement, their advice has been really helpful. I thought compound interest on index funds wouldn't be sufficient because I started late. It's amusing how I've done better than colleagues who have more years of investment experience. I've profited more than $886k tax free.

@maggysterling33254

Ай бұрын

@@maryHenokNftKudos on the effective execution of innovative ideas and tactics that lead to significant advancement. As I seek guidance from a trustworthy advisor, would you be willing to share details about the individual assisting you?

@maryHenokNft

Ай бұрын

Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with *Gertrude Margaret Quinto* for the last five years or so, and her returns have been pretty much amazing.

@BiancaSherly-qt6sb

Ай бұрын

She appears to be weShe appears to be well-educated and well-read. I just ran a Google search for her name and came across her website; thank you for sharing.

The public does NOT understand that high home values does NOT help the homeowner! The beneficiaries of high home vales are Banks, Insurance Co. & Tax Collectors. The public is getting screwed!

@TedK4307

2 ай бұрын

Charlotte NC. Corporate buyers ran my neighborhood up in value. Appealed value and city said it’s based on the sales around my home. My appeal was denied.

@benton-benton

2 ай бұрын

That sucks. @@TedK4307

@SegoMan

2 ай бұрын

@@TedK4307 Did you get bumped up as a thank you? They bumped mine 5K the last time I contested.

@patrickshea3619

2 ай бұрын

Property taxes go to city/county coffers, where is Gov. Desantis on this, he is the savior of citizens

@blackworldtraveler3711

2 ай бұрын

Yup. One of the reasons my primary home is in Oklahoma. Just slow and steady with low taxes.

Just went on a listing appointment yesterday because the prospect can’t afford the property taxes anymore. Guy has been there since 1978 and is now forced to sell. Property has been paid off for years. You’re essentially just renting from the county because if you don’t pay the taxes, they’ll sell your home on the steps of the court house. So, do you really own it if they can take it away from you?? Not only is it wrong but in my opinion, it’s outright criminal.

@TrueBeliever6491

2 ай бұрын

Yes it is criminal.

@youflatscreentube

2 ай бұрын

In Florida the taxes on your primary homestead can’t go up more than 3% per year, no matter how high the value goes up. Michael never mentions this.

@cannotbeshaken7889

2 ай бұрын

It is criminal, and I think Biden is behind it. If this happens to all the houses, then where are people going to go? And how are they going to sell their house to get out from paying the taxes? There will be no buyers because the buyers can't afford the taxes either. Then what? They foreclose, and you lose your house that is paid off, with all it's equity in it. Then they give it to illegal migrants. Sound about right?

@cannotbeshaken7889

2 ай бұрын

@@youflatscreentube Actually I think that 3% means they can't tax over 3% of the home value. For example, if you have a 500K house they can tax you as high as 3% but not over that. And 3% of 500K is 15,000.00 per year.

@rhaastaa

2 ай бұрын

Impossible - save our homes keeps it no more than 3% of the last year tax bill - not the price of the home- it also can't be more than the CPI ---I bought in 2009 and my home is also almost paid for- I have no fear of being taxed out of my home and I am in the Tampa bay area where prices rival Miami's

This is by design. Remember" you will own nothing, and be happy". They stopped saying it, but they didn't stop forcing it.

@johnsigma7710

2 ай бұрын

They can't get away with saying the happy part anymore.

@jacktumblin4985

2 ай бұрын

Gee, if only we knew who "they" are...

@gregh7457

2 ай бұрын

@@jacktumblin4985The black helecopter people

@userunknown294

2 ай бұрын

Lets just let the home Values Crash and then property Taxes will be lowers. Lets all agree to sell our properties for a lower price.

@censoredeveryday3320

2 ай бұрын

I really wish people would stop copying and pasting this

a house valued at 280k in 2019 shouldnt be valued at 760k 4 years later what a SCAM

@SegoMan

2 ай бұрын

What you paid for your house should set the property tax rate for the ownership period. no raising or lowering,,

@rjny51

2 ай бұрын

So if you were to sell the home for 760k to someone that's ok? Right?

@zachlafond2652

2 ай бұрын

its a bubble..think beanie babies.

@SegoMan

2 ай бұрын

@@rjny51 Then the new rates (gain or loss( sets their rates.

@paulconner4614

2 ай бұрын

@@SegoMan Great for old people, totally sucks for young people who then have to subsidize the old people's lifestyle. (p.s. this is how it works in California ).

Can you imagine paying like $1500 a month with taxes and meanwhile the streets are full of potholes graffiti everywhere where is all this money going?

@larrylacy5453

2 ай бұрын

In Missouri, the bulk of real estate taxes goes to the school.

@jefff8130

2 ай бұрын

Stolen.

@NoDaysOff-oz2zl

2 ай бұрын

Pension plans.

@wildbikerbill6530

2 ай бұрын

In Illinois, Cook County is called Crook County. It is the city of Chicago plus some extra suburbs to the north and west. It is a black hole for taxpayer dollars.

@andrewkaska471

2 ай бұрын

Feeding the useless bureaucrats,local government officials who do nothing,know nothing.

See folks, you never really OWN your home, you're simply renting it from your local government. Never forget that.

@kathleenwagner7415

2 ай бұрын

True you may never own your home but you are the only one that has the keys to your home, when rent you and the apartment complex has the keys, when I rented apartment you would not believe how many times they came into my apartment thinking I was not home. Scary

@scotimotti

2 ай бұрын

Yup home ownership is a joke...I paid my house off 10 years ago. Now with tax Increases and insurance increases, I pay MORE for just taxes and insurance than I did when I was paying my mortgage with taxes and insurance included

@graywolf2694

2 ай бұрын

​@@scotimottif that, I would rather sell and live in my rv

@davidbaumgardner8374

2 ай бұрын

The state needed a portion of my property for a highway expansion and they paid a HEFTY amount for it they must have thought I owned it cause they sure got their wallet out

@biform13

2 ай бұрын

@@kathleenwagner7415 Who needs keys today?

Property taxes allows the government to do one of the two things: 1) keep you slaving for the economy or 2) Take your house away and throw you on the street. People have to protest in mass for the right to have shelter, it is a natural right!

@lickitysplit2413

2 ай бұрын

Hmmm, anyone ready for a tea party yet?

@rfxtuber

2 ай бұрын

Wont happen until people wake up and stop thinking about themselves... We are all in it together literally!!!! We need a reset.... the banks have given themselves how many resets now? 20? We need one.... demand it and take it...

@reefread1234

2 ай бұрын

Funniest part is the UN says these things our covered it will be funny when the people ask for them to follow through with what they written as a part of our social agreement it will undue them oh well.

You DON"T own it if you have to pay to not lose it.

@eliotness107

2 ай бұрын

Exactly. And what do people really get in return for the property tax? I need someone to inform me

@BREEZYM6015

2 ай бұрын

You don't own by renting either so pick your poison. 😂

@TheLethargicAge

2 ай бұрын

⁠@@BREEZYM6015But at least you don’t have to spend more money fixing anything that breaks. Homeownership gives you the illusion of wealth.

@dagramirez

2 ай бұрын

That’s life!!!!

@Nyx_88888

2 ай бұрын

truth! I always tell my friends "try not paying those taxes and see how long it takes for them to come steal your property" its akin to dealing w the mob

Confiscation by taxation! I believe this was a history lesson awhile back.

@factsplz2248

2 ай бұрын

What history lesson? Do you mean the, "taxation without representation." Sorry, but John Hancock was the richest man in the colonies, and he had 50% of the tea imports, and the British government sold the other 50%. To get more market, Britain put a tax on other tea -- John Hancocks. So he made that famous quote, got white buddies to dress as Indians, and had the Boston Tea Party by dumping British tea into the harbor. And THE REST was history -- the Declaration of Independence was over the John Hancock's potential lost income. And all the nonsense we're taught, like the tea tax was some big deal.

@msgmak1379

2 ай бұрын

Non property owners will always vote for teacher, police and fire raises every year.....

@gjmjajaj

2 ай бұрын

but nobody wants to learn from history

@jamesrecknor6752

2 ай бұрын

Vote the confiscators and closet communists out

The financial system has been artificially pumped for over a decade to ensure big pockets were lined; and now those same hands will make a fortune in the largest transfer of wealth in human history by shorting it on the way down. Inflation does have a roll, but that's to keep everyone panicked, and focused on their bills and expenses, rather than focus on the capital crimes of politicians and corporations,I'm still at a crossroads deciding if to liquidate my $338k stock portfolio, what’s the best way to take advantage of this bear market??

@HildaBennet

23 күн бұрын

Find stocks with yields that exceed the market and stocks that, at the very least, follow the long-term market trend. However, you should get guidance from a financial advisor if you want to create a successful long-term plan

@FinnBraylon

23 күн бұрын

I agree, I've been in constant touch with an Investment advisor for approximately 17 months. These days, it's really easy to buy into trending stocks, but the task is determining when to sell or hold. That's where my advisor comes in, to help me with entry and exit points , I've accrued over $337k from an initially stagnant reserve of $148K all within 18 months...

@PennyBergeron-os4ch

23 күн бұрын

I need a guide so i can salvage my port-folio due to the massive dips and come up with better strategies. How can one reach this advisor??

@FinnBraylon

23 күн бұрын

Google Sonya Lee Mitchell and do your own research. She has portfolio management down to a science

@PennyBergeron-os4ch

23 күн бұрын

I ran an online search on her name and came across her websiite; pretty well educated. thank you for sharing.

I have a few acquaintances that have been given paid off homes by their parents. After the massive skyrocket in prices they can’t afford to keep the houses and have been forced to sell. Absolute insanity that someone can’t afford to live in a paid off house on paid off land. We need property rights in this country NOW.

@rhaastaa

2 ай бұрын

A free and clear house? I call bullshit- still cheaper than also having to pay a mortgage-

@truthseeker1959

2 ай бұрын

We need a new government NOW.

@zoshamckinney3271

2 ай бұрын

We need a new monetary system. Home prices are high just like stocks bc of the massive money printing that's going on to keep the system from imploding.

@arcmusic7284

2 ай бұрын

High property prices are an aid to banks because (when a mortgage is being repaid) theoretically the price of the house is the bank's assett. Of course, when the prices fall or plummet, then the banks have to find fiat from somewhere else to plug the gap (maybe CRE this year?) but, until the dominoes start falling, then the banks look solvent, the government squeezes money from house owners via fictive property taxes and the only people squealing are the tax slaves.

@conniesheraw4702

Ай бұрын

Even worse for senior citizens that have paid off homes but are forced to sell because of ever climbing taxes.Shame on the government

There should be no property tax. You either own it or you don't.

@Pondapple

2 ай бұрын

Who's going to pay for schools, roads, police, street lights, etc.?

@SantysearfBearprojects

2 ай бұрын

If you don't want property tax don't buy property

@michaelmorgan9009

2 ай бұрын

@@Pondapple income tax..sales tax.. also, street lights is part of the electric bill you pay already.

@i_brought_a_flower

2 ай бұрын

I agree! Pay tax once and have it included in the mortgage. Where there's an end to the tax

@im4485

2 ай бұрын

@@Pondapple you already pay taxes on everything else. Look at the income tax. I pay shit ton of money there. Then they make you pay sales tax on top of it and a whole bunch of other taxes.

I'm in Illinois and they would tax the sunlight if they could!

@MuzicTunes-lk6np

2 ай бұрын

Plus, the air that you breathe.

@Kacee2

2 ай бұрын

They are about to do just that. It's called "carbon tax ". Soon you will own nothing and be happy.

@zachlafond2652

2 ай бұрын

The state pension fund needs every nickel and dime it can get its hands on.

@ThePerfectSeason1972

2 ай бұрын

Don’t give them any new ideas

@DS-wo8wr

2 ай бұрын

Don’t give them any ideas!

Property Taxes is one reason why I left Florida and the U. S. Property Taxes are absolutely ridiculous.

@roadtrip2943

2 ай бұрын

I pay 1600 for a 1900 sq ft modest home in a desirable town in AZ, per year

@wualli2494

2 ай бұрын

@@roadtrip2943 I pay $500 for a luxury condo in one of the finer neighborhoods of Asuncion Paraguay.

@chrisnagel4827

2 ай бұрын

I paid over $6500 for a small, older home in a middle class neighborhood in the suburbs of Chicago! It was actually in Cook County! I sold it, but I have to admit, I miss it!

@memelc5655

2 ай бұрын

Texas is terrible too !

@roxannerobertson554

2 ай бұрын

Oh yeah? Name a state that has NO property tax….i’m all ears….

The assessed value of my home in western New York State went from $119,000 to $252,000 in one year. They are taxing us out of our homes! Do the math. That's more than double!!!

@michaelsmith5583

2 ай бұрын

This and look at Amherst Ny, jacking up the values and mil rate by over double digits.

@islesofshoals3551

2 ай бұрын

The teachers union is a major problem in NY. A very entitled group

In 1996, I paid $99,900 for my home. I should not have to be paying tax value for $440,000 when I haven't sold it.

@davidwallace2664

2 ай бұрын

true taxes should only go up more then 3% when sold. This would allow people to remain in their forever home.

@BM_100

2 ай бұрын

@@davidwallace2664 they don't want people to remain in their homes forever. They eventually want to put people in "Soviet" style housing where everyone lives in centrally planned government housing.

@MrDCMiami

2 ай бұрын

@@davidwallace2664 The point is, their goal is to EJECT us from home ownership.

@InvestisseurAmericain-ur7ij

2 ай бұрын

Yes you should. Money is needed to help in Ukraine and Taiwan

@nmb5588

2 ай бұрын

That is the biggest government scam.

The correct term is Crook County, Illinois! It’s AWFUL in this county.

My credit score is 826 and my car insurance went up 25 percent on my 6 month renewal. Homeowners also went up 25 percent. I am retired on a fixed income so this is crazy.

@faye5942

2 ай бұрын

Mine too. Does often. All u do is call another company. It'll be as low as b4...it's a game..it happens to me alot. They just see if u will pay it. Call and switch it right away.

@bernaclischurchill4463

2 ай бұрын

@@faye5942 I am retired as well, and I did the same thing. Got a good quote.

@formula112967

2 ай бұрын

yup, my credit score is the same and both my car and home insurance also went up 25%

@tommytomhan

2 ай бұрын

@@formula112967 The insurance companies just don't give a crap about the citizens at all. It is bad enough when things go up the same as the cost of living but this is ridiculous.

@Michael_RareZebra

2 ай бұрын

On a fixed income here too.....I had to download the safe driver apps to track my driving habits just to try and get a measly 10-25% off. My insurance renews next month so can't wait to see what discount I get. By the way, very safe driving all in the green in the app.

I'm shocked at the amount of people that side with the property tax situation we have. If the funds generated by the tax were truly used as supposed to, our schools, roads, ect... would be top notch. Over taxing is the real problem. Corruption is HUGE

@itsallperfectlynormal9805

Ай бұрын

☝️🎯💯

@julitakamaki4386

21 күн бұрын

But Israel NEEDS their 5 billion a year. Why can’t Americans just accept their slave status? So selfish.

The idea of property taxes is absurd. It’s just a plain old shakedown. Our government is too big and too corrupt.

@setha360

2 ай бұрын

Based on UK Kings Law you never own anything they can take.

@TUBESPECIFIC1

2 ай бұрын

Annual property taxes used to be really low like $20 to $100 a year. Even a used car produces you a sizable tax bill to renew plates and maintain ownership. It's a shakedown as is the inflation. To keep us tapped out and dis-empowered under the false guise of being patriotic putting citizens first. Horrible.

@kaydublin5164

2 ай бұрын

Thank a democrat

@fredbatschelet

2 ай бұрын

It is none of the government's business (or anybody else) how much money you make. Think about it!!!

@disguiseddv8ant486

2 ай бұрын

Have you all not watched the old Saturday morning Schoolhouse Rock?

I cant pay the property taxes. Cuz my Bills are TOO DAMN HIGH.

@matthewmckee9914

2 ай бұрын

Yep we are all feeling it.

@bearball49

2 ай бұрын

One of the reasons I let my house go back to BOA. I live in a cheap rental I am ashamed of but I can almost make it now.

@brooklynn52dee38

2 ай бұрын

@@bearball49 We all need to do what we need to do! Beats the street, stay well!

@Alex-jx5bx

2 ай бұрын

😁🤣

@eminglewood4593

2 ай бұрын

​@@bearball49You just keep rocking and be comfortable. 💫

This is why I live in a van down by the river

@tobyk5149

2 ай бұрын

smart!

I sold my house in Plano, TX in 2021. No more maintenance, school taxes, property taxes and lawn service fees, huge electric bills, garbage pickup fees, home owners insurance, etc. Got an apartment with pool and workout facilities. Loose some privacy but no more headaches.

@cannotbeshaken7889

2 ай бұрын

So, they are only raising property taxes on houses, and rental houses, but not apartment complexes? It is better to own because once you get it paid off, your only paying the property taxes and HOI. Which is a lot less than paying rent and HOA's on an apartment.

@9thman701

2 ай бұрын

You own nothing and are happy about it

@marknewton6984

Ай бұрын

Equity?😮

I sold a house in Chicago in 2014 because of taxes... I shudder to think what the taxes are today

@JohnQPublic345

2 ай бұрын

Same. We were paying $12,000 / year. 2250 Sq ft home

@Peter-tk6rm

2 ай бұрын

Mary Lightfoot looters moved in Zero taxes is my bet.

@churchofpos2279

2 ай бұрын

I sold my house in California , due to the high property taxes. Moved out of state and now my property taxes are only about 20% of what I used to pay. When I turn 65, there will be a cap lock on what I will have to pay. Life is good.

Between the taxes, HOA fees, Condo assessments and INSURANCE, Florida has a massive issue brewing. People are BROKE

@stevenphillips3466

2 ай бұрын

No, just attracting a better class of people

@darylyost7273

2 ай бұрын

HOA and Condos are for suckers!😢

@EroticOnion23

2 ай бұрын

That's the plan, the rich will force you out with these increases so they can buy it all up

@cannotbeshaken7889

2 ай бұрын

@@stevenphillips3466 Your disgusting. So, only rich people are good people? This is happening to middle class regular people. People with Bachelors degree's and good paying jobs. You know, even rich people can lose their money, and go broke through no fault of their own. And it can happen to you too.

I don’t understand why seniors have to pay property tax. Most are living on SS and that’s it.

@thedude8526

2 ай бұрын

At some point, I feel like property taxes should be on a amortized chart and become less and less as people age. Makes no sense to make elders pay the exact same price or more in property taxes all their life.

@BullSheeper

2 ай бұрын

But young people who make far less than seniors on average should? Abolish it all together

@RealLifeFinance

2 ай бұрын

Because govt hates old useless eaters. Should be free taxes and free utilities for those over 65 or 70

@robertharrelson5024

2 ай бұрын

Where I live there is property tax reduction for seniors that make less than $64,000 per year. Under $46,000 property tax is reduced close to 80%..

@ebayerr

2 ай бұрын

@@robertharrelson5024 What county and state is that?

My auto insurance just tripled. No accidents, no tickets in 15 years. And my cars are 2015 Corolla, 1991 Chevy Caprice. Credit score was 800 last I checked. No debt except $167/month auto loan

@nelliesfarm8473

2 ай бұрын

For full coverage?

@nelliesfarm8473

2 ай бұрын

The General insurance is super cheap

@raulgutierrez5862

2 ай бұрын

I'd start riding a bike if my insurance tripled.

@sleepmoneyken9234

2 ай бұрын

Damn man

Property taxes SHOULD NOT EVEN EXIST!!!!!!!

@robertbrandywine

2 ай бұрын

Why?

@Stoneface_

2 ай бұрын

​@@robertbrandywinecuz it shouldn't

@1x93cm

2 ай бұрын

@@robertbrandywineTax should be paid on the buying and selling of an item. Do you pay a yearly tax on your car? You could say maybe fees associated with driving like insurance and registration but does yearly tax apply to anything else you own? A computer, a video game, a furniture set a TV etc? No. You pay the tax on purchase, so why should a house be any different.

@basspig

2 ай бұрын

@@1x93cm many states do Levy Automotive taxes and some towns will tax your stereo your TV your diamond rings and other jewelry as well. It's criminal. But people put up with it because their brainwashed into thinking that somehow the free market can't Supply the things that only government can supply which is tyranny Wars and ultimately death of millions of people.

@erikbusenbark4865

2 ай бұрын

We are taxes multiple times on just about everything but food, water and air, and that will probably change.

As someone from the UK I am amazed how high your property taxes are. You need another tea party protest.

@jakeforrest

2 ай бұрын

I am from Denmark, and I am also surprised.

@lauriegriffin1835

2 ай бұрын

😃 lol

@basspig

2 ай бұрын

In Isha College Japan the property tax is amortized to zero on the building after 20 years. Beyond that point you're just paying the unimproved land value. So a 3000 square foot home on an acre of land the tax is under $400 a year. That's why I prefer Japan over the United States and about 150 other reasons as well.

@BREEZYM6015

2 ай бұрын

Would you be willing to organize a protest for us? 😂

@BREEZYM6015

2 ай бұрын

​@@basspigCould you list the 150 reasons so we can all see? Perhaps you could write an article in a blog.

Back in the day. MN governor Jesse Ventura wanted to set property taxes based on the original purchase price. Since people move on average every 7 years it would all balance out. It would also protect seniors from being taxed out of homes and it would encourage people to spend money on renovations. Of course it never happened. It makes too much sense.

@rebeccacarter1914

2 ай бұрын

Love Mr. Ventura!

I'd like to know how much those houses cost when they were new. My parents bought a new brick 3 bedroom w/full basement and garage on a 1/2 acre for $13,000 back in 1963. That house has not increased in square footage and just sold for $900,000. Yes, that's right 900K. Unbelievable.

@elw6150

2 ай бұрын

Shows how worthless the fake currency has become, and the overpopulation that non-stop breeding creates. We're seeing it at the border, folks!!

@tobyk5149

2 ай бұрын

unmitigated inflation

@marknewton6984

Ай бұрын

Nice!😮

Well, someone has to pay for those fat civil servant pensions.

@SuperQdaddy

2 ай бұрын

Civil servants make the world go round

@3621bedroom

2 ай бұрын

Someone has to pay for the 40 Million illegal aliens schooling, free healthcare, and subsidized housing. At least the civil servants are citizens.

@absolutelynonameslef

2 ай бұрын

@SuperQdaddy some of them do. The majority make the world go round in circles.

Heck, I keep paying for substandard public schools, and I don't have any kids that I know about.

@sues3218

2 ай бұрын

I homeschool my kids and still have to pay those public school taxes myself, on top of footing the bill for homeschool. Our system is completely broken.

@jeltoninc.8542

2 ай бұрын

So obviously all of us are pissed… let’s organize and get something DONE ABOUT IT!!!

@redtiger7268

2 ай бұрын

In Texas once you hit 65 you can petition to have the schools portion removed from your property taxes. I have seen it drop by 50% in some cases.

@trylottie2372

2 ай бұрын

Just imagine if no one have kids they wouldn’t be able to afford the upkeep on the schools. I don’t have any kids but pay school taxes. But like the previous post in Georgia they removed it when you make 65.

@michaelsnively3621

2 ай бұрын

@@trylottie2372 unfortunately a lack of money doesn't seem to slow down government spending, but I hear you.

My beater car I own is worth less than 2k. My car insurance for bare minimum cost more than the value of my car each year lol. I only bought a beater to save money but the cost of bare minimum liability insurance doesn’t make sense to me

@jonleone777

2 ай бұрын

Now you know why people dont have auto insurancel

I watch you every day after work. For whatever reason, you calm some of my anxieties. I guess it’s good to know I’m not crazy, the issues are real. I’m not the only one out here stressing, wanting to buy a house, but not wanting to buy in this insanely inflated market. Thank you for taking the time to do all of this every day. It’s nice walking with you 😊🌴🌺

That's what the Blues Brothers Movie was all about back in 1978....Property taxes on the Convent ....5,000 dollars to the Cook county assessors office

@tobyk5149

2 ай бұрын

lol and driving thru Dixie Square Mall

Illinois property taxes are insane....Tax and spend democrats have ruined that state !

@jonathantaylor6926

2 ай бұрын

Women teachers in Chicago retire at 55 or less and then get paid over 100K a year in retirement.. women can easily I've into their 90's. Millions of dollars per teacher.

@user-ll4lf5go1m

2 ай бұрын

@@jonathantaylor6926 True in the Chicago area. There are 2 teachers unions in the state, one in Chicago area and the second covering the rest of the state. Guess which union has not paid into their own members retirement accounts for years and wants the state to bail it out. It also tried and failed to merge with the solvent and up to date in member contributions non Chicago union. Police, Fire and sanitation workers in Chicago have the same sweetheart retirement deals that is killing the rest of the state with taxes.

@kaydublin5164

2 ай бұрын

They’ve ruined EVERY state.

My husband and I own our home, we’ve had it for 34 years. It’s paid for and we are having trouble keeping up with the property tax increases. Really hard on a social security check as our only income.

@jackwilson3121

2 ай бұрын

State & local governments set property taxes.

@Robbnok

2 ай бұрын

@@jackwilson3121 And your point?

@beckyforbis4858

2 ай бұрын

@@jackwilson3121 Yes they do and we have been fighting it.

I'm 60 and this is by far the worse economy in my lifetime but they say things are great? This is criminal and those in charge deserve lengthy prison terms!

@mr.duckplucker5353

2 ай бұрын

I couldn't agree with you more. I'm 57, and it's never been this bad. What makes it even more egregious is this is all due to Joe and his reckless fiscal policies. Paying billions to Ukraine, stopping oil production, to say nothing of the border. The most criminal administration in the history of our nation. The economy is gutted. We're being overrun by illegals. Groceries are skyrocketing. In short, it's a total dumpster fire, and ice cream boy says the economy is fine. What we need is military tribunals and to bring back the gallows.

@tobyk5149

2 ай бұрын

FJB

@mr.duckplucker5353

2 ай бұрын

Joe is delusional. Lying 🤥 on a daily basis. He has inflicted more damage on the American people than any foreign occupation army. He is a disgrace.

@acamiln8354

Ай бұрын

It IS great, but they did not say to whom. :)

@virginia3222

Ай бұрын

Unemployment has been under 4% for over 2 years. It is probably not the economy’s fault that you are doing poorly.

One thing for sure: when your property value and prices on everything go down, thus less tax receipts.. Not one government employee will take a pay cut. 😕

Also, yes, I personally escrow my property taxes, but my bill (PMI, principal, and escrow) increased by more than 300 dollars over last year. Many people are so tapped out they CANT pay an extra 300/month. That's a car payment

@stevenphillips3466

2 ай бұрын

Damn, I WISH that was a car payment these days

@NerdsWorldNYC

2 ай бұрын

Sounds more like the full coverage for a car, even ones that are paid off.

@terrihansen2089

2 ай бұрын

It sounds like you are happy about that. I would rather use that 300. towards a car or something. It sounds like you are getting ripped off.

@sierrasky2491

2 ай бұрын

Agree. The crazy thing is, the car payments now are 600 a month to $900 a month.

@terrihansen2089

2 ай бұрын

@@sierrasky2491 I agree with you. I just think these escrow accounts are scams too. Just to charge an extra 300 is insane. The car payments are scary. They are as much as what house payments used to be.

My wife and I....pay around 1600 a month in a 1 bedroom.apt...and we're going to keep it that way...we make well over 100k.....2nd highest tax rate in the nation...we're saving as much as we can...and we are not going to buy a house...avg....house is 500k in Oregon...they can have it!!

@len9743

2 ай бұрын

Your patience will pay off. Keep saving 😊

@commonsense6967

2 ай бұрын

My son and his family live in Portland and want to buy a house there. (NOT where I'd choose to live, but they're adamant.) They're just starting to look. I hope they come to their senses, because OR is way too expensive, among other things.

My property tax doubled last year. Local schools are under major budget cuts and lay offs this year. It’s not penciling out correctly. Where’s it going ?!

@s99614

2 ай бұрын

Government employee defined benefit pensions.

@cannotbeshaken7889

2 ай бұрын

I thought they could only increase the tax a certain percentage each year. How is this happening?

We will OWN nothing and be happy. KS

@maroon9273

2 ай бұрын

More like be miserable.

@SegoMan

2 ай бұрын

@@maroon9273 Num Num love those bugs.........

@kipincharge2833

2 ай бұрын

😠not happy🤬😝

@NerdsWorldNYC

2 ай бұрын

Build-Back-Better y'all even if they send us to the poor house while doing it ☕

Property taxes should be based on yard sqft, NOT sales price!

@ChrisG9978

2 ай бұрын

That's not the way it works. What about people who own acres of land for farming or hunting with no habitable structures on the land? Property taxes have always been based on the assessment value of the habitable structure on the land, not how much land someone has...though acreage generally increases the overall assessment value of a home.

@maroon9273

2 ай бұрын

That's why we need to stop voting people who raise taxes and cost of living.

@ChrisG9978

2 ай бұрын

Good luck finding a candidate out there to vote for who supports your position. None of them do.

@rafalrocks

2 ай бұрын

wut? You'd like to have a guy in the hood with a double lot pay more in taxes than some millionaire on a single lot in the ritzy burbs?

@ChrisG9978

2 ай бұрын

@@rafalrocks Exactly why I responded that's not the way it works...property taxes are always based on the assessment of the habitable structure. Someone with 150 acres of land living in a double-wide trailer is going to pay FAR less property taxes than the millionaire living in a 7500 sq. ft. McMansion on a 1/8 acre lot.

all of us know that property tax is government owning your assets

My property tax, HOA, and home owners insurance together are $1000 a month. And that’s just for a modest townhome.

@makosharksimmo8124

2 ай бұрын

Probably as much as a mortgage payment per month

@tobyk5149

2 ай бұрын

almost as much cost to rent an equivalent townhome i suspect

Ever get the feeling that our government doesn’t serve “we the people.” “You will own nothing and be happy.” Hmmmm. Weary of the trends.

@drake_leo2152

2 ай бұрын

Hey! Stop telling the truth….

@nikopoulos5241

2 ай бұрын

Whoa very antisemitic of you to say that!

If you pay more than 100$ per month in taxes, you are renting. Came to portugal. I pay 250 a year

The taxing bodies use property owners as their own personal piggy banks.

In 2021 property values started going up by 2023! A home even out in the boonies went from 100k to 150k! In Colorado 300k to 450k! I am talking about rural areas!

Lumber prices are at their lowest in years. There is no reason for property insurance to be so high.

@InvestisseurAmericain-ur7ij

2 ай бұрын

Salary of worker. Like car maintenance.... What cost is people

@1969bones69

2 ай бұрын

Lumber? Particle board is whats used in these cardboard stick hovels that pass for houses in the US today.

@shirtlesslager

2 ай бұрын

Not true. Lumber has not fallen in price.

@tobyk5149

2 ай бұрын

@@shirtlesslagerlumber prices have fallen drastically in the US. Go online to Home Depot and check the price of a 2x4x8. Lowest lumber prices in years.

I have a 782 credit score my insurance increased 70% I have a picture perfect driving record

My mom passed away February 12th 2024 her house is in a reverse mortgage she borrowed $80,000 maybe about 15 years ago. We now owe 132,000 on her house. we are putting the money together to get the house out of reverse mortgage and it's in Miami so the houses are worth about $400,000 is a 5% reduction on the value of the house

@cavalieroutdoors6036

2 ай бұрын

I suggest making it fast. When my grandparents passed they had borrowed 90K on their house. First the reverse mortgage company wanted 120K, then suddenly they reassessed and decided they wanted 160K. Ultimately we lost the house.

@formula112967

2 ай бұрын

Did your mom tell anyone in the family about her reverse mortgage?

It took years to foreclose on property during the last crash. Keep your eye on that 2030 date. If everyone thinks things are crazy and out of control in the U.S. now, stick around a couple more years.

@jackwilson3121

2 ай бұрын

Why?

Florida here as well...my insurance rose 71% last year, 81% this year. Too scared to look at the taxes. But in the past 4 years my monthly payment toward mortgage/taxes/insurance has nearly doubled. Its insane!

Taxes have become oppressive bc corrupt govt. officials/politicians are never satisfied with stuffing their pockets with your $$$$. Greed is driving it. Everytime a politician wants to give himself a raise, he takes his pen and writes a new law. Higher taxes, new taxes, etc.

@nelliesfarm8473

2 ай бұрын

Same in Alabama

Property Taxes Shouldn’t EXSIST !!!!! Also.. Cut back on all this overspending!!!! these counties & Cities are out of control

You are right 20 million government jobs we pay for !!

@3621bedroom

2 ай бұрын

What about the 40 Million illegal aliens that we pay for schooling, healthcare, food stamps and subsidized housing.

Man. Marsha sure liked you!!

@CliffNotesAnesthesia

2 ай бұрын

Comment I was waiting for 😂 the shades did it 😎 😂

@TheSparkySpitz

2 ай бұрын

Marsha Marsha Marsha! ❤

@BREEZYM6015

2 ай бұрын

Wasn't Marsha a mannequin in a Twilight Zone episode?

@jeffsnow7749

2 ай бұрын

Reeling them in is far easier than chasing them!

@darkgardenrecords9264

2 ай бұрын

Shoulda got them digits 😁

$1500 a month?! WTF!!!

In South Carolina 80% of property taxes goes io fund public schools the schools give a budget and the county sets taxes to accommodate. School boards are imbedded with the schools and have little sympathy with tax payers. Its taxation with out representation

@marblox9300

2 ай бұрын

Tea Party #2 is really our only hope left.

My property tax market value in the DFW area went up from $180000 to $492000 at the end of last year..!! Mortgage jumped from $720 to $1830 per month..!! Fortunately, I found a mistake in the records and ended up getting $7000 back from the state, which, was then applied back to the escrow shortage..!! This brought my payment back down to $760 per month..!! Just a few months later they hit me again on the ARM interest rate which increased it back up to $900 per month..!! I had to use an ARM loan since it is 20 acres of property and did not meet FHA requirements..!! Needless to say, this has been terrifying for me..!! I live alone with nobody to rely on period..!! The government may very likely be forcing people back into shared living since the birthrate is so low..!! Makes sense to me..!!

@hvaball150

2 ай бұрын

Texas. Good for you.

@DianaPrinceitiswhatitis

2 ай бұрын

Wow!

@michellebatzel5809

2 ай бұрын

“Makes Sense” to you? WOW

@jetjan

2 ай бұрын

Texas has highest property tax % rate in USA & with everybody moving to Texas & home values going up property tax goes way up- Texas needs to demand property tax freeze or cap of no more increase than 2% a year increase like what California has now & Texas needs to demand having electric all winter log by winterizing electric equipment when Texas has a deep freeze-Texas winters are a joke-I had 3 blizzards of winds about 70 mph with 2 feet of snow, only 1 electric company you are allowed to use & never lost power-Texas politicians have nerve blaming evil wind power for failing electricity-Texas politicians who created huge mess of no power with Texas deep freeze are crooks- u people very lucky electric didn't stay off for good which nearly happen-I see no more videos on KZread on Texas deep freeze-no power- in america land of free I call it censorship & white washing it

@jetjan

2 ай бұрын

Texas has highest property tax % rate in USA & with everybody moving to Texas & home values going up property tax goes way up- Texas needs to demand property tax freeze or cap of no more increase than 2% a year increase like what California has now & Texas needs to demand having electric all winter log by winterizing electric equipment when Texas has a deep freeze-Texas winters are a joke-I had 3 blizzards of winds about 70 mph with 2 feet of snow, only 1 electric company you are allowed to use & never lost power-Texas politicians have nerve blaming evil wind power for failing electricity-Texas politicians who created huge mess of no power with Texas deep freeze are crooks- u people very lucky electric didn't stay off for good which nearly happen-I see no more videos on KZread on Texas deep freeze-no power- in america land of free I call it censorship & white washing it

This is exactly why Prop 13 passed in California in the 70s.

@tobyk5149

2 ай бұрын

CA prop 13 will soon be repealed

$35K/yr is $96.00/day... what kind of service do get for that??? Theft 😮

The paradigm is changing. Home ownership was once a trophy and a form of savings, wealth preservation and leaving something for your descendants. Now? "Home ownership" is a case of YOUR HOME owning YOU!!

@jackwilson3121

2 ай бұрын

Go ahead & pay $1800/mo in Florida for 30 & see what you end up with after the rent goes up every year.

The homes you show in Miami are 100k homes here in Ohio ..

@Lacuna1122

2 ай бұрын

Yep

@benton-benton

2 ай бұрын

LOLOLOLOL. Where exactly in Ohio?

@Lacuna1122

2 ай бұрын

@@benton-benton Akron Canton, hell most of ohio except the major metros

@marknewton6984

Ай бұрын

Ohio?😮

@bryanspayde5681

Ай бұрын

@@marknewton6984 yep

Home ownership is the biggest scam for the middle and working class.

@maroon9273

2 ай бұрын

The entire american dream is a total scam.

@stormchaser419

2 ай бұрын

Should be called mortgage ownership because until you pay off the home, its NOT YOURS. It's the banks. You don't own things that are NOT YOURS.

@BREEZYM6015

2 ай бұрын

What is renting then? 😂

@rafalrocks

2 ай бұрын

no it's not. for most people, including me, it is the biggest asset I own. And yes, my taxes are high as sh*t. I live in Illinois.

@TheLethargicAge

2 ай бұрын

@@BREEZYM6015Paying for a service. People think owning a home somehow makes them rich. Sales price - purchase price != profit. Equity != wealth especially if you have to pay to keep the bank or the government from taking it away.

My parent own a house in Mexico worth $150,000 and their property tax for 2023 was $600 dollars! There is no way I’ll be able to afford PT in the US when I turn 65

@cannotbeshaken7889

2 ай бұрын

Yet all the Mexicans are flocking to over here. I don't get it! I'd rather live in Mexico!

@suntzu94

2 ай бұрын

@@cannotbeshaken7889 all? I’m here in Mexico and it’s full of people, I think you confusing Mexican with everyone else from Latin America. The same could be said about the English, Italians, Spaniards, polocks, Scott’s, and Irish. There are plenty here but no one says anything when their visitor or student visas expire

@Facemeltermonk69

2 ай бұрын

​@@cannotbeshaken7889at least Mexicans want to work😊

@cannotbeshaken7889

2 ай бұрын

@@Facemeltermonk69 What does that have to do with anything? Trust me, if their own government was giving them hand outs or made it easier to work less, like our government is doing, then they would slack in working too!! Any country would! That's on the government, not the citizens.

@tobyk5149

2 ай бұрын

viva México!

I'm 800 plus credit score and my insurance almost doubled.

At 14:54, meanwhile, the CEO of Stellantis, Carlos Tavares, received a 56% boost in total compensation to $39.5 million in 2023. That's $760,000 a week !!! That's more than an autoworker makes in 10 years. If Stellantis were struggling so much, why did Carlos Tavares get a 56% bonus? The rich cry poor and the masses buy it !!! This has got to stop. We've got to revolt.

@stevenphillips3466

2 ай бұрын

but hes doing such a great job ....

@s99614

2 ай бұрын

Presumably Stellantis is very profitable outside of the US.

@tobyk5149

2 ай бұрын

F Stellantis garbage low quality vehicles

My property tax in central NC is up 20% in the past year.

@gregorylyon1004

2 ай бұрын

It's all going to pay lifetime pensions to retired workers. Cops firefighters Teachers municipal workers judges politicians

I gave my rural property away when my costs equaled 1/12th of my SS payment. One month of my life knawed away each year. In the US, housing costs are 50% of my income and rising... and that is in a low cost area like El Paso, TX. Here in Thailand, rent is less than one month's income, for the whole year

@Facemeltermonk69

2 ай бұрын

Yeah but yearly your income is 5085.26😂

@roijaxen5674

2 ай бұрын

I don't know if you are referring to Thai average income or perhaps average SS payments or are just pulling a number. As long as you are focused on bigger incomes without acknowledging the expenses, you will drive down your satisfaction with life. At today's exchange rate, my SS is around 70,000 baht per month. 50,000 of that is discretionary income for my family of two. Proportionality matters in evaluating the quality of life.

@nikopoulos5241

2 ай бұрын

Sounds like a cool life tbh@@roijaxen5674

Did that tax bill show $24,500 for property taxes? For one year? Holy crap, that's just insane. And the next one shows $35,000 in property taxes, I'm guessing for one year. I would never move to Florida and pay that insane amount for taxes. I pay $1200 a year, and I think that's pretty extreme.

@ebayerr

2 ай бұрын

My ex has a 600 sq.ft. 100 year old home. Her real estate taxes in mid Missouri is nearly $1200 year. She's 73 years old living on S.S.,but fortunately her home is paid off. But then home owners insurance went up as well. We paid $30k for it in 1990.

@InvestisseurAmericain-ur7ij

2 ай бұрын

It's not insane. It's normal. You need to help Ukraine

@ebayerr

2 ай бұрын

@@InvestisseurAmericain-ur7ij Huh?

@jackwilson3121

2 ай бұрын

@@InvestisseurAmericain-ur7ij Property tax dollars go to local governments, not the Federal government. What makes you think local property taxes help Ukraine.?

@cannotbeshaken7889

2 ай бұрын

It's for a couple million dollar house. That's why it's so high.

life is getting tough , my buddy just took his life this weekend after losing his contract as an engineer for 4 years he could not find any job & ended up doing uber but apparently gave up he left one 6 years old boy behind 😥

@Thedesertguy75

2 ай бұрын

So sorry man. I can feel the hopelessness out there. 😢

@desertsunset8025

2 ай бұрын

God that's heartbreaking . The families and friends are going to suffer . It's so sad .

@septembergirl007

2 ай бұрын

That's horrible, poor guy! 😢 So sorry for your loss.

@debbiec6216

2 ай бұрын

I am so sorry for your friends loss .

@becomingabetterhuman.2994

2 ай бұрын

It's crazy I lost my job last May "2023" not working for so long forced me to deal with trauma issues I had ignored by distracting myself with my work.

Michael, you are so right. You gotta be Neo in the Matrix to dodge all the bullets in homeownership. It’s crazy.

Whether its 25% tips, 5% to realtors, 1% to financial advisors, 9% sales tax, its always something.

@jackwilson3121

2 ай бұрын

When was living ever free?

My condo fees in Thailand are around two hundred a year and the taxes were seventy two cents last year and it's less than three hundredyardsfrom the beach. The house in Vietnam is less than thirty dollars a year and it's on an island close to the beach. Both places are very nice. We are planning to move back soon because it is just too expensive to live in the States. My taxes and insurance on the main house in the States is crazy, not to mention auto insurance.

@rebeccacarter1914

2 ай бұрын

Great ideas, but if the market crashes and social security dies, I hope it won’t affect you.

I can't imagine property taxes as high as you are showing. My property taxes are maybe $1100 a year. I live in Kentucky.

@blackworldtraveler3711

2 ай бұрын

Mine is $1650.00 in Oklahoma.

@stevenpage8847

2 ай бұрын

@@blackworldtraveler3711 same.

@paulconner4614

2 ай бұрын

$2700 In Southwest Pennsylvania.

@hvaball150

2 ай бұрын

Florida ranks 26 in property taxes, somewhere around $2000 is typical.

@marsha58

2 ай бұрын

200 dollars yearly in rural Tennessee

Property taxes on an average home in Germany is only around $200 a year

@SimpMcSimpy

2 ай бұрын

I pay 150 EUR for my apartment in Germany. Funny how Americans often say Germany is a socialist country (which is mostly true), but at the same time folks in USA are being robbed by huge property taxes. 30k for a single house.... that is INSANE !!!

@johncronin5311

2 ай бұрын

Gernany has plenty of other issues

@marknewton6984

Ай бұрын

Taxes?😮

In Fairfield County in CT, I own a 5 bedroom 3 bathroom on .5 acre in a top school district. When I bought in 2006 my takes were 15.5k and now they are 20k. I can live with that. What is happening in Florida doesn’t make a whole lot of sense to me.

I've said for awhile now these property taxes are a national crisis.

@jackwilson3121

2 ай бұрын

Property taxes are assessed by local governments not federal.

When I was living in the United States my property taxes went up Beyond $10,000 a year and I was very quickly $70,000 in past due taxes and interest about 60% of it was interest.

Insanity...property taxes are nearly as bad in FL as they are in NYS (and I'm mainly referring to Western NY where housing isn't as crazy as downstate, but even in WNY home values have shot up), though that's largely a result of home values skyrocketing. What these local governments are doing reassessing homes and hiking property taxes by 600% is unquestionably extortion.

@manormyth

2 ай бұрын

That nys school tax is wild

@commonsense6967

2 ай бұрын

South FL is corrupt and full of Democrat Marxists city/county commissioners, mayors, etc. who spend like drunken Congressmen. Trust me when I say that N FL taxes are far less, though not cheap.

US government is the largest landlord. One day everybody is evicted but 3%.

Nothing is going good for our country.

@Mitzi73

2 ай бұрын

Because the majority of Americans don’t care. They are asleep and just accept their bad luck.

@jimcrawford3185

2 ай бұрын

​@@freedomoffgrid And a bumper crop of migrants

@rudyjean5550

2 ай бұрын

This is true.

@Robbnok

2 ай бұрын

Move then. Mexico is cheaper.

@Facemeltermonk69

2 ай бұрын

​@@RobbnokBut than the cartel might kill you if you give them the stink eye

In FL, people can not pay property taxes and it will take about three years before they face a possible tax deed being made on the asset. After a tax deed is made, the property will be scheduled for auction and sold to the highest bidder. If that happens, you have lost any claim or ownership on it.​ But the whole process takes at least three years. So if people stop paying property taxes in 2023, it will not be until 2026 and 2027 that houses start hitting the market. It is a three year lag.

Don't think people are for ev's...the gov. is!

Coral Gables 🌴🇺🇸 We are ALL paying for the illegal immigrants. VOTE upcoming November ! 🏄

@jefff8130

2 ай бұрын

VOTE harder!! 😂

@RG-hf4et

2 ай бұрын

Vote RED!! 🇺🇸

@nelliesfarm8473

2 ай бұрын

​@@jefff8130The baby boomers have no clue reality...they still believe in vaccines, politicians and voting lol

@marknewton6984

Ай бұрын

Election year... Vote!

Criminal and immoral. Absolutely crazy!

I can see how homelessness is getting worse. Sad reality.

I read Florida Statue 197 for property tax that becomes delinquent after two years then a certificate of holder can file a tax deed application for the property. San Diego, one can be delinquent for 5 years before the County auctions off the house for back taxes. Today, I paid my property (SDTTC) tax for a house that I bought in 94' during a recession.

I have a 320 credit score. According to Dave Ramsey, it doesn't matter. 🤷🏽‍♂️

@susancunningham4252

2 ай бұрын

😂

@Helena-ou8ry

2 ай бұрын

Doesn’t unless you need credit 😅

You mean to tell me the property tax doubled in 4 years?…SAD

@sues3218

2 ай бұрын

Where I live it doubled in two years. Funny, our local wages never went up.

@carolbagwell6769

2 ай бұрын

The tax rate didn't double..the value of the house did. So people's tax went up. Their net worth is up nicely too. People complaining because their house went up in value and now they are paying more taxes.

My homeowners insurance went up 25%😡

Assessments and taxes should only go up if the house is sold.

I appreciate your content. It's always very informative. Thank you.

I live in Oregon which has a different property assessment process even though our real estate values have skyrocketed. In Oregon, the county does two calculations - the market value and the assessed value. The market value represents an effort by the county to figure out what the property would likely sell for in the open market. However, the assessed value is limited to only a 3% increase each year. Thus, there is a staggering difference between the market value and the assessed value upon which homeowners actually are charged rather than the market value.