My parents bought a house 20 years ago and the property tax wasnt that much. Every year it has been increasing and the past year it has increased to a point that hurts my parents budget. It doesnt seem right how property taxes can increase so much so the point where my parents mortage goes up 600 dollars a month from a year ago. I know some places offer discounts for 65 and older but they are in their late 50s and work paycheck to paycheck now. I have been helping them but I am also tight on money from the pandemic and losing my job. What options exist and I know downsizing is an option but their house is literally a small cheap house and downsizing in their area would mean moving to a bad neighborhood nearby which i understand is an option for some but they are old and want to live in peace. Im sorry if this sounds privileged that they do not want to downsize from a small house already and wanted to see what options exist for property tax finances.
Submitted May 18, 2021 at 02:49AM by romanssworld https://ift.tt/3wdDbML
