Impound accounts
Funds to cover property taxes may already be included in the owner's monthly mortgage payment. If this is the case, the mortgage servicer will receive the original tax bill and, per state law, owners will receive a duplicate marked "Copy." (If a duplicate is not received, owners must call the tax collector's office to request a copy and ensure a correct address is on file.) Upon receipt of the tax bill duplicate, property owners should call the loan servicer and ensure the original bill was received, check that the account has sufficient funds to cover current property taxes, and inquire when the servicer plans to make payment. Smart property owners make and retain notes of the conversation, for their records.

Supplemental bill
All new property owners and those completing new construction on existing property will receive a supplemental assessment on their property. A supplemental assessment is an additional property tax bill based on the difference between the prior and the new assessed value of real property. The supplemental tax bill is sent directly to owners by the tax collector rather than to the mortgage company. Owners are responsible for paying the supplemental bill.

Additionally, new property owners should be aware, the American Recovery and Reinvestment Act of 2009 federal homebuyers tax credit program does not impact or affect property taxes.