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#1
03-08-2007, 11:52
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 What is interim tax? We just bought a house (new construction, but we didn't "build", it was a spec house in 2007). At settlement we were notified that we'll be getting an interim tax bill in the mail. They estimated it to be about $4,000. This is separate from our taxes that are escrowed with our mortgage. We were never aware of this before settlement and are really confused about it...is it taxes on the house before we owned it? If so why are we paying for it if we didn't even know about the house or put an offer in on it then? Please help clarify this for me!!
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