Quoted from mikechristine1

The buyers of houses do NOT have even money for a 2% down payment under an FHA mortgage!   The city has a program to hand out tax money to give them this "second mortgage" program to pay the down payment and the closing costs.

These are low income people who do not have money for down payment and do not have money for closing costs.   It is low income people mostly that are buying in the city and therefore they have absolutely no choice but to have their taxes escrowed.  And because of that, they have no choice to not pay taxes

i.e. the reason taxes must be escrowed!  DUH!!!

Quoted from joebxr

i.e. the reason taxes must be escrowed!  DUH!!!

Exactly, and that is why they cannot "just stop paying taxes" to send a message to the city

Quoted from mikechristine1

Exactly, and that is why they cannot "just stop paying taxes" to send a message to the city

Have you stopped paying your taxes?
Let me know how that's working for you...
what message did the Politicians say
they got from your tax boycott?

we were talking to a banker this past weekend.

they said that if you don't pay your taxes...that won't hurt your credit AS LONG AS you continue to pay your mortgage!

so for ONE FULL YEAR, don't pay your taxes, but keep the money on the side cause you will pay it eventually. However....continue to pay your mortgage.

Just think for one minute what the corrupt city would do without that money coming in for ONE FULL YEAR!!!

SO WHO'S GOT THE BALLS AND BRAINS?

Quoted from bumblethru

we were talking to a banker this past weekend.

they said that if you don't pay your taxes...that won't hurt your credit AS LONG AS you continue to pay your mortgage!

so for ONE FULL YEAR, don't pay your taxes, but keep the money on the side cause you will pay it eventually. However....continue to pay your mortgage.

Just think for one minute what the corrupt city would do without that money coming in for ONE FULL YEAR!!!

SO WHO'S GOT THE BALLS AND BRAINS?

Hello, Mr/Ms Banker.  Can you not send our tax payment to the city for the next year?

Ms. Banker: Sure, just as soon as you make payment in full on that mortgage loan we gave you, so we don't have any competing liens on the property  in the event that you stop paying US.

so I guess that EVERY SINGLE PROPERTY OWNER that lives in the city of Schenectady have their taxes paid thru their mortgage company.

wow....who knew that those where the factual statistics!

I'm not 100% sure but I think that if a homeowners stops paying their mortgage, the company still continues paying the taxes when they are escrowed.  

the mortgage company only has 1 year's worth of taxes.

again......100% of the folks that live in the city of Schenectady have their taxes paid via their mortgage company???? ALL of them?

we happen to know many many folks who's homes are paid off and all they have are tax bills...what about them?

I guess i'm finding it hard to believe that every single property owner in the city of Schenectady pays their taxes thru their mortgage company.

So Bumble, tell us....are you still paying taxes or have you stopped, and when?
Also, do people stop paying property taxes and school taxes?  I mean, schools
are just as pi$$ poor at managing their funds and expenses and raise taxes
all the time...so please explain!

Quoted from joebxr

So Bumble, tell us....are you still paying taxes or have you stopped, and when?
Also, do people stop paying property taxes and school taxes?  I mean, schools
are just as pi$$ poor at managing their funds and expenses and raise taxes
all the time...so please explain!

I am not foolish enough to live or own property in the city of Schenectady. But you can sure as hell bet I'D STOP PAYING THEM!!!!! HONEST TO GOODNESS!!!
And YES....that includes school taxes.

Look....these folks have to start doing something other than bit@hing and moaning!!!!
Hell....if they are as bad off as mc1 continually says.....one would think that the city council meetings would be overflowing!!!!
BUT THEY ARE NOT!!!!!
So it would appear that mc1 is the only one bit@hing and moaning...and s/he doesn't even live in the city!!!

And it would still be very interesting to know exactly/factually how many city property owners have their taxes paid thru their mortgage companies and/or how many homes are paid off...cause we know MANY!!!

$hit with Rotterdam is also bad, so why not stop paying there?

Quoted from bumblethru

I am not foolish enough to live or own property in the city of Schenectady. But you can sure as hell bet I'D STOP PAYING THEM!!!!! HONEST TO GOODNESS!!!
And YES....that includes school taxes.

Look....these folks have to start doing something other than bit@hing and moaning!!!!
Hell....if they are as bad off as mc1 continually says.....one would think that the city council meetings would be overflowing!!!!
BUT THEY ARE NOT!!!!!
So it would appear that mc1 is the only one bit@hing and moaning...and s/he doesn't even live in the city!!!

And it would still be very interesting to know exactly/factually how many city property owners have their taxes paid thru their mortgage companies and/or how many homes are paid off...cause we know MANY!!!

Perhaps you can provide your evidence of the "many," like what percent of the city's properties are these "many."   Offhand, we know perhaps 10 people, 90 years old and more, maybe just the widow, pay no school taxes at all and 75% off on city and county taxes because of vet and aged income exemptions.   Is 10 "many?"  Is 100 "many?"   Is 1,000 "many?"  

people are afraid their name will be in the paper....


BUT WHO CARES!!!!! NO ONE WHO IS HAVING DIFFICULTY PAYING THEIR TAXES IS REVERED AS A LEADER/IDOL/EXAMPLE....

I SAY GO AHEAD AND HAVE THE NEWSPAPER PRINT THE AVERAGE JOE NOT PAYING THEIR TAXES.....it is all about the 15minutes
of fame this day in age.....

Quoted from mikechristine1

Perhaps you can provide your evidence of the "many," like what percent of the city's properties are these "many."   Offhand, we know perhaps 10 people, 90 years old and more, maybe just the widow, pay no school taxes at all and 75% off on city and county taxes because of vet and aged income exemptions.   Is 10 "many?"  Is 100 "many?"   Is 1,000 "many?"  

that was my question to YOU!!!
It was YOU that said they can't stop paying taxes cause their mortgage company pays them.
so my question to YOU is....and as I've asked before......do we assume that the ENTIRE city of Schenectady pays their taxes thru their mortgage company?
come on mc1.....tell me how bad it is for the city taxpayers? tell us how they are SO FED UP that they are tired of being victims and bit@hing and moaning and are ready to do SOMETHING...ANYTHING....hell...maybe even attend the city council meeting in groves with pitchforks in hand.