Je, Home Owner in Houston, TX

Property tax refund after sale of house? Spring, TX - Harris County

Asked by Je, Houston, TX Wed Dec 18, 2013

We are in the process of selling our home and the taxes and home owners insurance have just been paid by the bank from our escrow account. Hopefully we will have a sale in the next few weeks but my question is - will we be refunded part of the taxes and/or the insurance payment once the house is sold? The home is in Spring, Texas which is in Harris County.

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Dorothy Wanko, Agent, Spring, TX
Wed Dec 18, 2013
Typically, Insurance will be pro rated and the balance applied to a new house. A couple of weeks will take you out of 2013 and you won't receive money back on taxes.

At the closing table the HUD1will have a portion of taxes owed by you (which the buyer receives a credit for) and the balance will be the new owners. Which means in December 2014. The new owner is responsible for all taxes due.

Escrows are returned usually 6 to 8 weeks after closing be sure the bank has your new address

Best of luck.
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