Home Buying in Davenport>Question Details

Neil, Home Buyer in North of London Engl...

Local Taxes and HOA fees

Asked by Neil, North of London England Thu Jun 11, 2009

Looking at local taxes and HOA fees in the kissimmee area they all seem to be 2-3 times as expensive as taxes in the UK, why are taxes so high? Are there Local services provided in US that would not be included in taxes in the UK? and how are prices set, is it related to property size or value or some other method.

Help the community by answering this question:

Answers

2
Hello Neil,

I hope you are having a great Friday evening.
Helen is correct about HOA dues. It varies depending on what the community provides and if it is a resort community or not.
Each county has thier own calculations. The taxes cover Fire service, police, schools, libraries etc.
The property taxes in Florida are not as much as other states around the U.S., plus Florida doesn't
have a state income tax. So, most of our county services have to come from property taxes.
Kissimmee is in Osceloa county. You might also want to check into Holiday homes in Davenport in Polk County.

If I can be of service, please feel free to give me a ring or send me an e-mail.

Kind Regards,

Jackie Fortier
Cinderella Realty
001-863-450-6449
Jackie@CinderellaRealtyFl.com
0 votes Thank Flag Link Fri Jun 12, 2009
Hi Neil,

HOA fees are easily addressed, as we don't have them in the UK. This basically covers the community facilities and can be more expensive depending on what is provided. Some of the services provided by HOA fees are, community clubhouse, community pool, fitness centres, gated community, grass/garden service, television cable, internet cafe, pest control etc. Not everyone covers everything and generally the resort communities are a lot more expensive than short term rental communities which only provide clubhouse and community pool. It is good to check what is included in the HOA fee for any given community.

With regard to the taxes, you are right, they are a lot more expensive than in the UK - you can't say that about many things here! My taxes here are twice the amount of my UK home. In the UK we have a banding system based on property value. Here, there is no band but it is based on property value and is assessed on an annual basis. There are also discounts such as Homestead Exemption and Save Our Homes Exemption which does not apply to rental homes owned by overseas investors. This can significantly reduce the property taxes for US residents but sadly would not apply to you. Apart from that everything covered here is pretty much the same as we have covered in the UK.

If you need any further assistance or information please don't hesitate to contact me. I will be happy to give you a call in the UK.

Kind regards

Helen

Helen Fair-Mensik
Property Locator - Orlando/Disney Area
Tel: (407) 403 5656
0 votes Thank Flag Link Thu Jun 11, 2009
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2016 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer