How To Find Property Taxes
You can easily find property tax rates for your area. Looking up property tax information can be useful when purchasing a home, making an offer on a home and knowing what other homes are being appraised at. This can aid you in determining in the amount of property taxes you would be paying, how much your home is appraised at, and how much money you should offer when purchasing a home. You should definitely look at the property tax appraisal amount before entering into any purchase agreement. This could save you thousands of dollars.
- Locate the county the property taxes will be paid to. If you are unsure what county the property is in, simply pull up your favorite search engine, type in the zip code and the word county.
- In your search engine type in the name of your county followed by the phrase "property tax." This should provide you with some search listings.
- You will want listings that are provided by government offices. This is the cheapest and most effective way to find out your information. Don’t bother with membership sites or sites that charge fees. Property tax information is public record and should be free. If it is not in your county, then make sure you pay fees directly to the correct county office.
- Find the treasury and/or tax collector website. Input into the site search bar something like “property taxes” or just “taxes."
- Enter the property address and the property taxes should come up for you. There should also be a tax appraisal listed. This appraisal amount should be lower than the offer you are about to place on a new home. The property tax appraisal rate is usually lower than the market rate because tax assessors allow for some leeway depending on the condition of the property.
- Evaluate whether this county offers homestead exemptions which might reduce your property tax liability.
- If you believe your home is worth less than the tax appraisal, call up your county immediately to have your home reevaluated. This could save you lots of money every month.
- Call to find out whether you are eligible for any exemptions. Many counties offer various types of exemption policies that could lower your property tax liability. It doesn’t hurt to ask, and you might just save money on your mortgage!