Quote:
Originally Posted by Biggd
I'm not a resident so I can't really move the needle by voting.
All I can't do is sit back and watch, and pay until I no longer can.
I have a neighbor that put his home on the market just before the election. He's in his 80's and his wife 90. I think he missed the top of the market because he's already dropped the price 50K and there's not many lookers. I think that home would have sold quickly last spring.
I feel bad for him because he has to sell, and he took out a reverse mortgage to continue to be able to pay his bills. He has 200 ft on the water, so his tax bill is high.
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Pretty tough that an octogenarian can't live out his days at his place if it is taxes that drove him out... it would be pretty easy to fix that. For example, in the case of a person over a certain age, maybe 80 or 85, taxes accrue but are deferred and settled (including interest) with the estate after death...