Property Taxes do make a Difference
Friday, May 15, 2009 at 09:21AM
Property Taxes do make a Difference ( Case Study )
Did you know that as of May 2009. the lowest cost 3 Bedrooms home in The Ridges (Weston Florida) is not necessarily the most affordable home when it comes to your Monthly Payments ? To pre-qualify for a mortgage, your mortgage pre-qualification will be based on your yearly income and all debts including your Monthly Housing Expenses ( Principal – Interest – CURRENT Property Taxes and Insurance )
If you look at the chart here below, you will realize that lowest cost home in The Ridges ( 4454 Mahogany Ridge ) has estimated property taxes payment almost double than the lowest assessed value home in property taxes ( 4210 Sabal Ridge ).

For instance, if you put down 20% and get a mortgage at a 5.00% interest rate, you will realize that even though the first home is almost $90,000.00 more affordable, when it comes to your monthly payment, you will only be saving $150.00 per month.
Hence, why don’t you just look at my listing at 4210 Sabal Ridge and see why not only the listing price justifies the value of this home. Who knows, you might also put an offer and save that $150.00 difference.
MLS #: F1001064
Price: $320,000 ( Click to Offer )
4210 Sabal Ridge Dr Weston, FL 33331
Bedrooms: 3
Bathrooms: 2
Square Ft: 1,512
Garage Capacity: Two
Stories: One
Click Picture to Request more Info.







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