I was just hoping for some constructive, helpful suggestions on how to proceed with this unusual situation. 

Would be happy to connect as I regularly travel through South Bend

It is very unusual as long as the payments are being made.  

It is not unusual for lenders to hold foreclosed properties for long periods of time before putting them on the market.

These days the AM probably needs to be at the property weekly to get thru the crunch in many cases unless you just have an unusual or outstanding PM team.   

I find that part highly unusual and I wanted to make sure the way I read that was accurate.

@Karthik NatarajanProps to you for doing your due diligence.In many areas, assessment amounts are adjusted upon sale of the property so it is NOT unusual and in fact it is quite common for property taxes to increase significantly for a new buyer.Absent any other data, I’d trust the calculator.You could also call the County Tax Collector or Asssesor to verify the information.Good luck.Arn

I'm familiar with Katy and Fort Bend but also would love to learn about other areas such as Spring and Cypress. 

My advice would be to never bend your numbers because of the fear of missing out.

Hi Alex, Your situation is not unusual, I see this happens often.