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Personal Finance (Not Investing) • CA Sent me Tax Bill on House Sold 2 Years ago!

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Based on the numbers it sounds like the property taxes you were paying were based on a value around a million dollars less than the amount you bought the property for (around 10-12 thousand at a rate of 1%). For our last purchase we were informed by multiple people (the buyer's agent, the seller's agent, the person handling the escrow, two neighbors, and a letter from LA county) about the reassessment and the subsequent supplemental tax bill that we should be expecting. I'm assuming you got the same warnings. If so, you either chose to ignore them and figured you're special for some reason and aren't subject to the same rules as everyone else, or you were lazy and simply figured someone else (escrow) would handle it even though almost everyone warns you that supplemental property taxes are NOT handled by escrow.

If you went to a store and took something without paying for it, and then two weeks later the police showed up at your door, it would seem sort of crazy to try and say "well no one stopped me at the time so I figured it was fine!" and complain about the security for not stopping you.

Just pay what you owe. End.
It’s not the homeowners responsibility to make sure the tax assessor is assessing their property correctly. It’s the only job of the tax assessor. I wouldn’t pay if I were the OP and now living in a different state.

Statistics: Posted by gch — Thu Oct 03, 2024 9:56 pm — Replies 24 — Views 1513



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