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    mlgandara's Avatar
    mlgandara Posts: 1, Reputation: 1
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    #1

    May 7, 2007, 01:31 PM
    Propert taxes
    How does refinancing affect my property taxes?
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
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    #2

    May 7, 2007, 02:04 PM
    Refinancing does not affect your property taxes at all. Property taxes are based on the assessed value of the property, which has nothing to do with financing by the owner.
    AW805's Avatar
    AW805 Posts: 283, Reputation: 43
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    #3

    May 9, 2007, 02:24 PM
    A refinance will not affect your property taxes.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #4

    May 9, 2007, 04:05 PM
    If your taxes are paid though an escrow account, if you refiance you will need to be sure that account is transferred to the new lender.

    But in general as noticed the mortgage has no effect on the property taxes
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