Quote:
Originally Posted by jsoderbe
WilsonTC, thanks, but my problem is that when I want to take a closer look at the listing by clicking on the link, I get this error message:
Oops, there's been a glitch!
We're sorry. This glitch is likely temporary, so please go back and try again.
But it's not temporary, since I had the same experience for 6 months now....
I realize that the taxes are high, but I thought they would be 2 % anually, based on the price? Also, insurance is an issue, and I thought it would be expensive but I figured a couple of grand would do. How much is it? $5k? Maybe the canal front homes are considered a flood zone.
It's crazy, my home in Sweden costs about $600 a year to fully insure, and it is appraised to double what my second home will cost.
Thanks,
Johan
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They click through OK for me. What browser are you using? Try another.
On a $500k home in Broward County, you will pay $8500/yr. in tax. Being a non-citizen, there is no Homestead Exemption. Depending on where your home sits in relation to water/flood/wind zones, you will pay between $5k ~ $8k/yr. in insurance on that value.
Based on the least-cost scenario, that's appx. $1125.00/mo for insurance/taxes. At 5.1%APR, you can buy a $207k home for $1125.00/mo.