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Author: ziggy29 Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76398  
Subject: Re: roll your own reverse mortgage Date: 9/18/2005 9:40 AM
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>> In Houston, a taxpayer over age 65 can defer his property taxes indefinitely with out penalty (though he pays 8% per annum interest on the unpaid balance, which is recouped when the home is sold or the owner dies.) <<

And that's a real big deal here. The property taxes here are absolutely brutal.

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