Monday, June 20, 2011

Moving from Buffalo, in March, 2010. Phoenix or Las Vegas? Low Sale price, high taxes scare me.? -

60 yr old female buying an approximately $90,000 single, detached home. No mortgage. I will have approximately $200,000 left (with very conservative interest). My only income is Social Security Disability. When I move, do I have to worry about the taxes on my home doubling, or tripling, over the next 10 years? Can I afford to live very modestly? I don t go out to dinner or buy make-up, clothes, etc. My hobbies are beginners home repairs/refinishing. I own a recent-model car and live in an apt, although I have owned 2 homes in the past. I would sincerely like your advise/opinions.

For Phoenix:I think this is one of the best websites I have ever seen for tracking home sales and prices. You ll find on this site that if you click on the sale price of a home that the appraisal price for the last several years comes up. Towards the top of the page you can click on property tax info. That shows you current tax status and what you may look forward to in the future.http://www.arizonarealestatenotebook.com��I don t have the same information for Las Vegas.