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How do property taxes work on a cash sale of a home?

April 26, 2017Business cash Finance Home property taxes sale United

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How do property taxes work on a cash sale of a home?

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You pay a pro-rated amount at closing – they will be included in the lawyer’s bill for closing costs. As to how much they will be, you can call city hall and find out how much they are on that property and do the pro-rate calculation yourself.