Q. I close on the sale of my house next week. Will I get reimbursed for property taxes I have paid already this year?

A. We pay our taxes in arrears. You pay the property taxes owed from Jan 1 st to the closing date. The title company will make the calculation for you and it will be on your closing statement. Your estimated taxes for the year can be found on the Property Appraiser’s website, however, the final millage rates will not be set until October so they could change slightly. If the proposed taxes and your actual taxes differ significantly, you can request the title company to recalculate the amounts post closing. If you are escrowing your taxes, your lender will send you a refund for the taxes you have double paid after the loan has closed.