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Today, Claudia from Nations Lending Corp joins us to discuss the supplemental tax bill many of you have received in the mail recently.
Once you purchase a property, you pay taxes according to the purchase price. The county doesn't adjust that immediately - it takes a few months for them to get the right number. Once it has been adjusted, you receive the supplemental tax bill in the mail.
Once you receive your tax bill, should you just pay it? If your loan is impounded, you should contact your mortgage company and let them know you received a tax bill. You then want to ask them what the process is so they can pay it out of their impound account.
If you have any questions about this topic, we would love to chat. Give us a call or shoot us a quick email for the real estate assistance you deserve! We look forward to being your #1 real estate resource in Ventura County!
