I am a bit confused. On your settlement sheet you should have been given credit for the prorated amount of property taxes (from the first of the year to your settlement date). You then pay the tax bill that comes in November. This would be the case for a cash purchase. If you have a mortgage then the property taxes were escrowed at closing by the mortgage provider. In that case, the mortgage provider would typically pay the taxes and not you. If you got a tax bill you would have sent it to your mortgage company to pay (from escrow) and not pay it yourself. Did this not happen?
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Originally Posted by SusanStCatherine
Seriously?
I guess they should have kept the money that doesn't belong to them to punish us for not being familiar with how new taxes work on a new residence. Yeah right - they had absolutely nothing to do with it.
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