"When are property taxes due?"
*Tax year runs from July 1st to July 1st each year*
TAXES ARE PAID IN TWO YEARLY INSTALLMENTS
FIRST INSTALLMENT: Due November 1st, Deliquent December 10th
(covers period of July 1st through December 31st)
SECOND INSTALLMENT: Due February 1st, Delinquent April 10th
(covers period of January 1st through June 30th)
Lenders will normally require that any tax installment due within 30-60 days of closing be paid through escrow.
If a buyer wants an impound account, the amount tyhe lender collects up front depends on the month in which escrow closes. The lenders have a chart they use to determine the amount collected at closing.
Taxes in escrow are prorated based on the most current tax bill.
In Orange County, Calfornia you can visit the website for the Orange County Tax Collector/Treasurer or call by phone at (714) 834-3411
Click Orange County Tax Assessor website or call by phone at (714) 834-2727
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