Buyers of newly built homes can face a property tax surprise. Here’s why

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Joe Torres, GRI, SRS

Broker
Providing exception residential Property Management in Central Florida
JAT Property Management LLC
Main : 3213031312
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First-time homeowners often face sticker shock on their mortgage payments after the first year of ownership. “All counties reassess a property’s taxes — it depends on when,” said Melissa Cohn, regional vice president at William Raveis Mortgage. While some places may differ on frequency, “if it’s new construction, they always reassess.”

Joe Torres profile photo

Joe Torres, GRI, SRS

Broker
Providing exception residential Property Management in Central Florida
JAT Property Management LLC
Main : 3213031312