Watch for Your Property Tax Statements
Be on the watch for your property tax statements, and be sure these accounts are timely paid. The billings may come to you directly, or may be routed through your mortgage company if your taxes are paid through escrows collected as part of your monthly mortgage billing.
If your property taxes have adjusted (up or down), be sure to track any adjustment in parallel handled by the mortgage company through escrows. Homeowners whose property taxes have adjusted “up” may receive a billing for the amount of the difference. If you have any questions or concerns, be sure to contact your mortgage company as soon as possible to resolve those. Each company has its own format for monthly statements, but often the contact information for the various mortgage departments (customer service, insurance, property taxes, etc) will be found on the statement (sometimes on the reverse side of the statement with other informational details).
If your property taxes have adjusted, and you believe the findings are incorrect, be sure to contact your county property tax office as quickly as possible for instructions about the deadlines for challenging those findings, and the information you’ll need to prepare as part of such a challenge.
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