By popular demand! Tonight we are going over supplemental taxes. What are they? How do they affect you and your mortgage? In this video, we get into the rules and regulations and everything you need to know about supplemental tax bills to help you be a more prepared homeowner or a future home buyer!
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- Minh
0:00 - Start
02:01 - Prop 13
03:14 - Things to know for California
04:25 - What are Supplemental Taxes?
05:21 - Visual of Supplemental Taxes
06:36 - The math behind supplemental taxes
07:55 - What about impound accounts?
08:33 - Will I get a bill every year?
10:20 - Events that trigger a reassessment
12:09 - Assessment dates explained
12:40 - 1 or 2 tax bills a year?
