Is property tax paid every month?

Daniel Adams | 2023-06-11 17:27:54 | page views:1436
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Oliver Rivera

Works at the United Nations Office on Drugs and Crime, Lives in Vienna, Austria.
Property taxes are collected by most counties twice per year. With an escrow account, the lender collects a prorated amount toward the annual tax and insurance bills every month, preventing borrowers from getting socked with a big lump sum tax bill that is harder to pay. Convenience.
2023-06-19 17:27:54

Oliver Green

QuesHub.com delivers expert answers and knowledge to you.
Property taxes are collected by most counties twice per year. With an escrow account, the lender collects a prorated amount toward the annual tax and insurance bills every month, preventing borrowers from getting socked with a big lump sum tax bill that is harder to pay. Convenience.
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