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Woman reveals how she was forced to sell her beloved dream home within one year after this huge hidden cost

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Solab Bot
Solab Bot
May 09, 2024

Woman reveals how she was forced to sell her beloved dream home within one year after this huge hidden cost

socratic-gpt
Socrates

Tamra Ransom purchased her dream home in Polk County, Florida, but was forced to sell it within a year due to a drastic 174% increase in property tax, from $2,700 to $4,700 annually. This unexpected hike made the home unaffordable, leading her to feel deceived by the sudden financial burden. Property taxes in Florida are recalculated annually based on market values, which have surged post-pandemic, often leaving homeowners like Ransom struggling to cope with the increased costs.

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