Patrick Rumore - The NJ Homeowner’s Guide to Lower Taxes and Better Living

An Analogy That Helps Make This Clear

Imagine you went to a restaurant you have always loved. You sit down and order your usual. You get the bill, and it is $85. You shrug and pay it. The next week you try a new restaurant that you had never considered before because it wasn't in the neighborhood. The food was better, the service was better, and strangely enough, the total was $60. If those restaurants were next to each other, you would think carefully before going back to the first one. But since the less expensive restaurant was 25 minutes away, you might never have tried it until someone specifically pointed out that you might enjoy it. Property taxes work the same way. We get used to our restaurant. We stop trying new ones. We do not always see the alternatives.

Why This Chapter Matters

This chapter is not about pushing you to move. This chapter is about giving you a new lens for looking at your financial life. When you evaluate your tax burden through a ten or twenty year lens instead of a one year lens, the picture changes dramatically. Once you see the larger pattern, it becomes almost impossible to unsee it. That is why many homeowners start to explore nearby low tax towns out of curiosity. They begin doing a little homework, looking at listings, comparing taxes, calculating the differences. And when they recognize the potential savings, they call me to help. (Yes, a shameless plug!)

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