Latest / Yes! You Can Buy a Home with Keith Goeringer
Your Mortgage Payment Went Up. Here's Why.
Your mortgage payment went up, but your rate is fixed. So what changed? This week I had multiple past clients ask me that exact question, and most of the time the answer is property taxes and your escrow account.
In this episode, I walk through how to check your property assessment here in Middle Tennessee, what to do if you find a problem, and why a tax increase can raise your monthly payment more than you expected.
What we cover:
The three documents to pull: your property assessment, your tax bill, and your escrow analysis
Why your payment can change even with a fixed rate
Checking the…
The skinny
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