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Moving from Buffalo, in March, 2010. Las Vegas or Phoenix? Low Sale price, high taxes scare me.?

December 25, 2009

60 yr old female buying an approximately <$90,000 single, detached home. No mortgage. I will have approximately <$200,000 left (with very conservative interest). My only income is Social Security Disability. When I move, do I have to worry about the taxes on my home doubling, or tripling, over the next 10 years? Can I afford to live very modestly? I don’t go out to dinner or buy make-up, clothes, etc. My hobbies are "beginners" home repairs/refinishing. I own a recent-model car and live in an apt, although I have owned 2 homes in the past. I would sincerely like your advise/opinions.

Well I live in Vegas and one of our best friends lives in Phoenix. She used to live here but moved closer to her family. Rents are less in Phoenix - But you can get some tremendous deals on houses in Vegas right now check the Las Vegas housing auction sites . There are several. You can with cash in hand purchase a $300,000 home for $70,000 on up. Our home sold 3 years ago for $289,000 and we bought it for 1/3 that in a very nice suburb. And our taxes have not gone up once so I am unsure why some peoples may?.
Groceries are very reasonable and being originally from Mn where utilities were outrageous we are very pleased. Gas for your car if you drive will be more but then nothing is really very far so its all a short drive. I am disabled and we live better here than we ever did when we were both working. Whatever you decide best of luck to you, granmatictac

3 Responses to “Moving from Buffalo, in March, 2010. Las Vegas or Phoenix? Low Sale price, high taxes scare me.?”

  1. Siegfried and Roy Says:

    You should move to Vegas because there are no Siegfried and Roy in Phoenix!
    References :
    We are Siegfried and Roy, Masters of the Impossible!

  2. banananose_89117 Says:

    Vegas taxes go up 3% every year and a 90K home is not a neighborhood you want to live

    Cost of living like LA, all food/gas trucked in
    References :

  3. granmatictac Says:

    Well I live in Vegas and one of our best friends lives in Phoenix. She used to live here but moved closer to her family. Rents are less in Phoenix - But you can get some tremendous deals on houses in Vegas right now check the Las Vegas housing auction sites . There are several. You can with cash in hand purchase a $300,000 home for $70,000 on up. Our home sold 3 years ago for $289,000 and we bought it for 1/3 that in a very nice suburb. And our taxes have not gone up once so I am unsure why some peoples may?.
    Groceries are very reasonable and being originally from Mn where utilities were outrageous we are very pleased. Gas for your car if you drive will be more but then nothing is really very far so its all a short drive. I am disabled and we live better here than we ever did when we were both working. Whatever you decide best of luck to you, granmatictac
    References :
    self

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