You typically escrow your property tax payments based on an estimate from your mortgage lender.
So, if you were paying $1200 in taxes last year and $1320 this year, the extra $120/year (aka $10/mo) would get tacked onto whatever you’re paying the mortgage lender.
You typically escrow your property tax payments based on an estimate from your mortgage lender.
So, if you were paying $1200 in taxes last year and $1320 this year, the extra $120/year (aka $10/mo) would get tacked onto whatever you’re paying the mortgage lender.