Tax rate around here is around 1%...if you purchase the property, the assessed value should equal the purchase price...even if taxes are 2-3% you're looking at 800-1200.

What is the tax assessment and tax bill?

You have to dig in to their guarantees and assets and sales history to assess the risk.You counting on getting 80% ltv on your house is also a mistake.

@David Beard - I agree with your assessment, and thanks for linking that calculator.

The town has the house assessed at $212k and the taxes are $6500/year.

and then assess your ability and resources (both time and money) to achieve that goal.

Those of us in the compliance side need some time to consume the changes, assess the risks, keep up with the changes and see how things will be enforced.

. ($19,750) 5.5% interest rate Lets say closing costs $3,000 Insurance $750/year. 2012 property taxes: $1,278 Total investment $83,146 Monthly Loan Payment: $336 Monthly Property Tax: $106 Monthly Insurance Expense: $62 Total Monthly Payment: $505 Last Sale date: July, 1993: $60,000 Please assume 25% down and $3k closing if you run any numbers with lower purchase price County Value DetailsCounty Value Details Improvement Value Appraised $58,060 Assessed (35%) $20,320 Land Value Appraised $15,130 Assessed (35%) $5,300 Total Value Appraised $73,190 Assessed (35%) $25,620 My Thoughts I am assuming a 90% occupancy rate of both units.

Look for "Purpose of Assessment" of some such wording, and there should be paragraphs on what the assessment(s) are for.

Google Wallet may assess a fee of 2.9%, with a minimum fee of $0.30, per P2P Payment charged to the Sender for P2P Payments processed through the Service.