Each year, regardless if you escrow your property taxes, you will receive a copy of your tax bill.
This is for your records and does not need to be paid by you. This is the responsibility of your loan servicer. While the county will update your account once they have processed your payment, this can take time.
One of the best ways to see if your property taxes have been paid, is to check your monthly mortgage statement. Generally, escrow account balances will be noted on the bottom of your statement and once paid, you will see a reduction indicated.
If it happens that your property taxes increase, you will get notification. You can then choose to pay the difference in full, or you can escrow the payment out over the course of the year.
If you do not escrow, and instead you are paying your property taxes in two installments:
The due date for the first half of your property taxes is February 28, 2023.
The due date for the second half of your property taxes is June 15, 2023.
If you are paying your property taxes in full, the due date is May 1, 2023, due to the statutory due date of April 30, 2023 falling on a Sunday.
Thank you to Molly Manley at Streamline Home Loans for providing this information!
If you ever have questions, always feel free to reach out to one of our trusted loan officers at Streamline Home Loans.
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