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Montgomery County Public Schools (MCPS)
Reply to "Worth to move or not to same/different school districts for a bigger house"
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[quote=Anonymous]Check the property tax for bigger houses. Often they list older property taxes but it is going up by a large amount in the next 3 years. Look at phased in final value and not just next year. Then see mortgage rate. Loans are very expensive. Unless price comes down, mortgage has beome too expensive. Unless you have enough cash, be careful with taking a large finacial obligation. Life can get hard. One of our close friend is struggling after buying recently. They did not realize property tax increase till they went for final docs for loan. I know some some posters, property tax is non-issue but everyone is not flush with cash.[/quote]
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