Short-Sale.com
Last reviewed 08-20-2026Short-Sale.com Editorialglossary

Property taxes

CFPB

Updated 08-20-2026

Property taxes

Property taxes are taxes charged by local jurisdictions, typically at the county level, based upon the value of the property being taxed. Often, property taxes are collected within the homeowner’s monthly mortgage payment, and then paid to the relevant jurisdiction one or more times each year. This is called an escrow account. If the loan does not have an escrow account, then the homeowner will pay the property taxes directly.

CFPB Mortgage Terms

CFPB · p. 25

Need help?

Ask more questions about Property taxes in Help. You'll get answers for your situation.

People also ask

Report an issue with this page

Domain alone is fine (we'll add https). Video must be a link — not an upload.

JPEG, PNG, or WebP only. Max 4 MB each.