My property taxes are paid in my monthly house payment (Impound / Escrow account). Can I still save with Prop 8?
Yes, property owners with impound accounts can still save money by lowering your property taxes. Once the assessor agrees to reduce your property taxes, simply submit the county paperwork showing your new lower property tax amount to whomever you pay your mortgage payment to. Your mortgage service provider will then adjust your monthly payment accordingly resulting in lower monthly payments.
Related Questions
- Does Wisconsin have any laws governing when an escrow agent (servicer) must make payment from the account to pay for property taxes and other responsibilities of the borrower?
- My property taxes are paid in my monthly house payment (Impound / Escrow account). Can I still save with Prop 8?
- Are the property taxes paid through my escrow account included in the year-end statement?