Do You Have to Pay the Property Tax Bill?

by Isaiah Votaw

You will likely receive two tax bills in the mail if you have made a purchase in the last year, and we want to make sure it is clear which bill you are responsible for and which bill the Escrow company will pay.

*The information below does not come from a professional tax advisor. Pease always consult an attorney or tax professional regarding your specific legal or tax situation.

Escrow Pays:

The main thing to look out for is that the bill will clearly state that it is a Copy Statement and says Escrow/Impound Account (blue). You do not need to do anything with this bill. It will be paid by the Escrow company. The only exception to this is if you don’t impound your taxes, and you know who you are and what to do in that case :)