UNDERSTANDING YOUR PROPERTY TAXES
Posted by Shellien Gilliland on
In the past week Idaho home owners have been receiving their 2022 Property Tax bills. The first payment is due by December 20th or the first business day to follow. If you have a mortgage on your home it is likely that these taxes are paid by your lender from funds collected each month and held in escrow, just waiting for bills like taxes and insurance, to come due.
The mortgage company makes two payments on your behalf. One in December and one in June, satisfying the taxes due from the previous years assessment. By the time the bill arrives the opportunity to appeal the charges have past. This time comes in June. The first Monday of June we mailed the current assessment on our property. This should include a homeowner's exemption, if this is…
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