Property Taxes
So we built our house last year. It was started in March, completed in August. I figured our property tax bill wouldn't go up until 2008, which won't be payable until next July. Apparently, I was wrong.
We got a letter from the bank yesterday to notify us that they paid our property taxes out of escrow, and that it would take our escrow account $1700 into the red by the end of the year...shit. They did tell us we could pay into escrow to keep this from increasing our payment too substantially next year (to make up for the deficit AND the increase in taxes, from $100 pre-house to $1700 post-house). It came a year early, but it was about what I expected for taxes.
I decided to call the assessors office this morning to ask why the house was on our 2007 taxes when the house wasn't completed until 2/3 into the year. They told me that the house wasn't added to our taxes until February 2008, so they'll be on our taxes for next year. This year's tax bill should have just been for the property, but the lady didn't have the tax numbers, just the property assessments. She'd transfer me to the Treasurers office for that.
The lady at the treasurers office was not helpful. she simply told me if the bank paid my tax bill that they could send me a copy of it, even though they were supposed to send all tax bills to homeowners at the same time as they sent them to the banks.
currently waiting to hear back from the bank on this whole debacle. i'm going to be PISSED if my taxes went up 20-fold WITHOUT even having my house on the assessment.
UPDATE: I talked to the bank and the Treasurer's office, and got a fax of my tax statement from the Treasurer's office. It showed the house on the taxes. I called the assessor and she assured me that "the house wasn't added until 2/22/08...oh, it was before March 1st. Our tax year goes from March 1st to February 28th"
Those cocksuckers got me by 7 days (leap year)...that's no coincidence.
The good news is that they assessed the house at a reasonable value and i do have my homestead and mortgage exemptions on it.
We got a letter from the bank yesterday to notify us that they paid our property taxes out of escrow, and that it would take our escrow account $1700 into the red by the end of the year...shit. They did tell us we could pay into escrow to keep this from increasing our payment too substantially next year (to make up for the deficit AND the increase in taxes, from $100 pre-house to $1700 post-house). It came a year early, but it was about what I expected for taxes.
I decided to call the assessors office this morning to ask why the house was on our 2007 taxes when the house wasn't completed until 2/3 into the year. They told me that the house wasn't added to our taxes until February 2008, so they'll be on our taxes for next year. This year's tax bill should have just been for the property, but the lady didn't have the tax numbers, just the property assessments. She'd transfer me to the Treasurers office for that.
The lady at the treasurers office was not helpful. she simply told me if the bank paid my tax bill that they could send me a copy of it, even though they were supposed to send all tax bills to homeowners at the same time as they sent them to the banks.
currently waiting to hear back from the bank on this whole debacle. i'm going to be PISSED if my taxes went up 20-fold WITHOUT even having my house on the assessment.
UPDATE: I talked to the bank and the Treasurer's office, and got a fax of my tax statement from the Treasurer's office. It showed the house on the taxes. I called the assessor and she assured me that "the house wasn't added until 2/22/08...oh, it was before March 1st. Our tax year goes from March 1st to February 28th"
Those cocksuckers got me by 7 days (leap year)...that's no coincidence.
The good news is that they assessed the house at a reasonable value and i do have my homestead and mortgage exemptions on it.
posted by ScubaSteve at
8:53 AM
2 Comments:
Yeah, good news...
Same shit happened to me when i closed on my house on feb 20, 2004. both me and the seller thought it was taken care of in the closing costs, but it wasn't. what really sucked is that they didn't send me a tax bill until like sept. 2004 (i don't escrow). by that tim, my house was already up for tax sell. dillsnatches!
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