View Single Post
  #90  
Old 11.01.2017, 18:47
fatmanfilms's Avatar
fatmanfilms fatmanfilms is offline
Forum Legend
 
Join Date: Apr 2010
Location: Verbier
Posts: 14,666
Groaned at 215 Times in 187 Posts
Thanked 11,983 Times in 6,758 Posts
fatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond repute
Re: Mortgage tips and risks

Quote:
View Post
Yes I would like somebody to explain to me this 11%. Mind you, that the average is 11%, but in New York it's only 5% and in Detroit it's... 25%. I checked this data on a different website and it looks legit. It needs to have something to do with their regulations. I have seen that they have property tax, which can even be 2%.
Annual property taxes are huge, 2% or more not unusual, so possibly 3 times the mortgage cost in CH.
Reply With Quote