Ace Makes Cents @AceMakesCents – 9h My neighbor finished paying off her house in 2024. She bought it in 1994 for $78,000. Thirty years of payments at $593 a month: She’s 74 now: Social Security pays her $1,910 a month: That’s $22,920 ayear: The place two doors down sold for $615,000 last spring; so the county reassessed hers to match: Her tax bill this year: $8,100. That’s $675 a month: She $593 a month to the house: She pays $675a month to keep it: Thirty years of payments ended and the bill went up. The deed says she owns it: The county bills her like she’s renting: paid buy
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