It is pretty easy to calculate property taxes. First, visit the website for Douglas county. Then click on tax payment information. ( or you can just click here ).
Here you have several different options for searching, including owners last name, address number, or account number.
First select the search method you wish to use, for example street number or owners last name. Then enter your search, and click the search button.
Then the site will display a list of potential matches. Once you find the property you are looking for, click the button labeled TAX STATEMENT.
Scroll down to the very bottom where it says Total Due payable in US Dollars. This is the yearly property tax.
Take this number and divide it by 12. This is the monthly amount of the property tax.
In many situations, a lender will collect the monthly property tax as part of your payment. This property tax is kept in an escrow account at the lender, and then when the property taxes become due, the tax is paid by the lender from the escrow account. The lender collects the property taxes to ensure that they are paid, because if they are not paid, the lender has a huge risk because property taxes prevail over any liens. Once the owner has about 20% equity, they can ask the lender to stop collecting the escrow, and the owner can pay the taxes directly if they so wish.
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