Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - Property Taxes

trueimage · 09-16-2010, 10:45 AM

Hi,

I'm trying to lower my monthly bills, and I was looking at my mortgage payment to TD. This includes a Property Tax portion of $277.74 / mo which works out to $3,332.88 per year.

I just moved in 7 months ago, and can't recall the last assessment but the property was bought for around $330,000, downtown.

Using a rate of 0.0058734, shouldn't my bill really be under $2000 and if so, why would I pay TD an extra $1300/year..

I guess my questions really are:

1. Should I pay this to the bank, go on the TIPP payment plan with the city, or just pay no one and pay it out of my savings in June?

2. How can I get my assessment to be lowered, since the market seems even more depressed now than when I bought.

09-16-2010, 10:45 AM	#1
trueimage Draft Pick Join Date: Mar 2010	Property Taxes - Bank or City payment Hi, I'm trying to lower my monthly bills, and I was looking at my mortgage payment to TD. This includes a Property Tax portion of $277.74 / mo which works out to $3,332.88 per year. I just moved in 7 months ago, and can't recall the last assessment but the property was bought for around $330,000, downtown. Using a rate of 0.0058734, shouldn't my bill really be under $2000 and if so, why would I pay TD an extra $1300/year.. I guess my questions really are: 1. Should I pay this to the bank, go on the TIPP payment plan with the city, or just pay no one and pay it out of my savings in June? 2. How can I get my assessment to be lowered, since the market seems even more depressed now than when I bought.