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Real Estate


Tom Kelly
Tom Kelly
The Real Estate Adviser
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March 13, 2003

If your property tax bill catches you by surprise

By TOM KELLY
The Real Estate Advisor

It's the time of year you always wonder why you didn't pay your property taxes along with your monthly mortgage. The idea of keeping the money in the bank and earning interest sounds great, but actually doing it is another matter.

That huge figure at the bottom of the assessor's coupon statement adjacent to the bold-face words "KEEP THIS PORTION" could have been divided into 12 monthly pieces that now sound affordable, and whisked away each month with your principal and interest payment.


 
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