It would seem that property tax prorations would be very simple, just prorate to the day of closing. Turns out, it can be a lot more complicated than that! The first issue is that property taxes are paid in arrears, after the year has passed. In other words, the amount of the current year’s taxes […]
Marshall Fire and property taxes
Aerial view, taken Jan. 17, of the aftermath from Marshall fire. (Photo: Gabe Shakour / Shutterstock.com). When your home burns to the ground and everything has been taken from your normal life, a torrent of questions on a huge array of topics comes to mind. One of these questions is, “what will happen to my […]
Property assessments are coming
On May 1, every property owner in Boulder County can expect to receive a notice for the newly assessed value of their property. (Photo: Pexels). On May 1, every property owner in Boulder County can expect to receive a notice for the newly assessed value of their property. State statute requires that every property in […]
Find out if you qualify for the Senior Homestead Property Tax Exemption
Owner financing is an alternative to a using a mortgage lender or bank. (Photo: Pexels). In 2000, Colorado voters approved a property tax exemption for qualified seniors (also known as the Senior Homestead Exemption) as a state constitutional amendment. The Colorado legislature makes a determination each year to see if the state budget allows […]
Property Tax Bills Are Out! Consider Senior Tax Deferral, Discount and Worker Program
Property tax bills just came out and are in every property owner’s mailbox, putting property taxes at the top of mind! As a reminder, property taxes may be paid in one single payment by April 30 or in two equal payments. If made in two payments, the first half-payment is due by the last day […]