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Property Taxes - Do we pay for the new... Expand / Collapse
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Posted 5/28/2007 7:13:46 PM Post #1358
 

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I've read most of the posts in ALL the forums and haven't found the answer to this question. We pay property taxes twice a year. The way I understand it is we are always paying 6 months in the rears. So if we sold our house in June would we still owe for the six months that we lived here (Jan thru June)? We pay around $1700 a half.

Any help on this would be appreciated. I'm trying to understand all the costs involved in the closing process.

Thank you.
Posted 5/29/2007 2:28:25 PM Post #1360
 

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The area i live in the taxes are prorated, any unused portion will be paid back to the seller.
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