Myths, Markets and Manipulators: The Real Deal on the Homebuilders

A property tax increase of a few hundred dollars a year doesn't even begin to compare to an increase of $300-400 a month on your mortgage. An increase in property tax is not the difference in making or breaking your ability to pay for your home unless you're living too close to the edge already. Crisis situation? No, but the trends are certainly not favorable unless you're a buyer. The next year or two will be a great time to buy, so my advice to people is to get your credit cleaned up if you need to do that, build some credit quick if you need to do that, and DO NOT SIGN A VARIABLE RATE MORTGAGE. It might sound sweet at first, but you'll really pay through the nose later. To Ted434: I don't know of any specific place to look for foreclosed homes, but most real estate agencies will deal with them, so just check the websites: Remax, Woods Bros., Home, etc. read more