If I sold a home on January 28, 2008 who is responsible for the property taxes in 2008 me or the buyer?

Asked by Cindy, Thu Aug 21, 2008

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Susan Wesely, , Saint Paul, MN
Thu Aug 21, 2008
That should have been covered in the purchase agreement - you should read it again. Typically in my area, taxes are prorated (seller pays up to sale date, buyer pays after that). If your taxes are for a calendar year, you would have paid approx.1/12 at closing,a nd the buyer would have been responsible for the rest. If you can't find it in your PA or your closing HUD statement, ask your Realtor or the tax assessor's office in your county. (The HUD statement is the summary of where all the money went at closing.)
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