Mortgage: Baltimore city versus Baltimore county
I'm analyzing properties in Baltimore city lately. When using "MRIS close it" app, the monthly mortgage payment is almost $100 more and cash to close is higher when using Baltimore City as compared to Baltimore county. May I ask whether property taxes or other fees is higher in the city than the county?
Thank you.
Most Popular Reply
It's the property taxes. BaltCo taxes are $1.10 per $100 assessed rate. Balt City is $2.248.