What would you do? After homeowners and reevaluations plus permit our perspective mortgage increased $450 per month
Just curious how people navigate this kind of stuff. After actually securing homeowners insurance and running some final numbers, it seems as though our payment will be $450 more per mth then we had planned. A small portion of that we planned for as we new the homeowners would be more ( $100 or so). The surprise is in the taxes. There was an addition put on the home and they didn’t pull permits at the time. The owner did mention this however she grossly miscalculated and said it added about 200 sq feet when really it increases the sq footage by over 500sq ft. That plus the new revaluations and we would end up paying an extra few grand a year in taxes. Honestly I’m not loving this. But we do have to be out of our house and rentals are hard to come by. Plus the whole who knows what the spring will bring issue. I know we have to do what’s comfortable for us. I’m curious if this is typical and we are ill prepared??
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source https://www.reddit.com/r/RealEstate/comments/roy2xk/what_would_you_do_after_homeowners_and/
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