Property Taxes Coming Up

While September often brings us a hint of cooler temperatures, it also is the time we see property tax statements begin to arrive in the mail. For the vast majority of home owners who have a mortgage, it’s usually the case that the mortgage company will pay those property taxes on your behalf out of the escrow account you pay into each month for exactly this purpose and homeowners insurance as well. However, for those who own their homes outright or have elected to pay property taxes directly, it’s important to remember this tax obligation is upcoming.

Property taxes here in Pima County are paid in arrears, with the first half of 2020 taxes just now coming due on October 1st. They’re not considered delinquent until November 1st, so you really do have the entire month of October to make that payment without any penalty. Then the second half of the year’s taxes will be due on March 1st of 2021 and delinquent on May 1st, 2021. Anyone who did recently purchase a property should take extra care to ensure these taxes get paid. This is especially true for those that own a home or land outright as the assessor and treasurer often don’t get the addresses updated very quickly and the tax bill may not arrive in the mail as a reminder, but you’re still obligated to make the payment regardless. No one relishes the thought of paying these taxes, but at least some comfort can be had that they’re being used locally to fund our community and make it a better place to live.

Stephen Woodall
REALTOR, GRI @ Long Realty Company
Stephen has made real estate his full-time career and passion since 2008, primarily specializing in the Foothills & the Northwest Tucson areas of Oro Valley and Marana. He is a multi-million dollar producer, representing both sellers & buyers. Stephen has tremendous experience in new home sales, listing & selling primary residences, listing & selling vacant land, listing & selling luxury homes, investment properties, rentals, and real estate development parcels.

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