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The first thing to understand about your property tax bill is the terminology. Many people look at the tax bill and see a bunch of numbers that have no meaning to them. In reality, they do have a special meaning to the property owner. If you do not understand what the sections on your property … Read more

When you are selling a property and it is in the middle of a property tax year, the seller is responsible for the property taxes up to the day of closing after which time the remaining tax is due by the buyer. Now some people are very unaware of this fact when they close on … Read more

When you schedule an appointment with a property tax attorney, you need to go to his office prepared. If you do not take along all the necessary documents and information, your first visit may be a waste of time and money causing a return trip with added fees. When you call the property tax attorney, … Read more

The first thing that affects your property taxes is the spending habits of your school district, other taxing districts, county and city. If the school district has big plans for renovations, new computers, raises in salary or anything else pertaining to the school district, you may see an increase in property taxes to support their … Read more

Is it possible to have two different assessors give two different assessments of two same properties? Unfortunately, the answer is yes. Even though assessors follow guidelines, everyone sees something different. One assessor may see your property as a little run down and assess a lower value while another assessor assessing a property very close in … Read more

Property taxes for rental properties are normally higher than single-family properties. This causes much confusion for property owners in any state. They cannot understand why they are subject to higher property taxes since most are not making a profit on the properties in question. With people buying two family houses to help with the mortgage … Read more

Many property owners do not want the city assessor to come into the interior of their building. If you have done extensive work, well, then okay, you have a reason. If you have done no repairs and feel the interior of the property is a bit to be desired, you may wish to invite the … Read more

Property taxes in some states come with a lottery tax reduction. This is because the state and the lottery have a deal that states that so much of the money spend on lottery tickets minus the winnings pay out is to be used to reduce the property tax of the property owners in the state. … Read more

When you buy a house or property, the mortgage company that holds your mortgage usually has an escrow account set up, which holds your monthly payment towards your homeowners insurance and property tax. The standard procedure is for the mortgage lender to send you the money in a form of a check in December to … Read more

When you pay your property tax, it is paid to the clerk’s office where it is then placed into a special account until it is divided up between school districts, city and townships, and the county. There is a portion of the tax dollars that is directed to other districts, which might include a nursing … Read more