09/17/2026
🏡 Property Taxes and What You Need to Know!
I recently attended a real estate training session with Campbell & Brannon, and we discussed an important topic that can catch buyers and sellers by surprise: property tax bills AFTER closing.
Here are a few things every homeowner should understand. 👇
📌 1. Property taxes don't automatically switch to the buyer's name at closing.
In Georgia, property taxes are generally assessed based on the property's status as of January 1.
This means the tax bill may still be issued in the seller's name during the year the property is sold.
However, the buyer is responsible for making sure the bill gets paid when it comes due. Taxes are typically prorated between the buyer and seller at closing.
📌 2. What happens if the county sends an additional tax bill AFTER closing?
This is called a rebill, and it can happen when:
A homestead exemption was applied incorrectly.
A property tax appeal is finalized.
The county makes an adjustment to the original assessment.
Generally, if the additional taxes relate to the year the property was sold, the buyer and seller may need to share the expense based on their respective ownership periods.
If the bill relates to a year before closing, it may be the seller's responsibility under the purchase agreement.
The important thing? Your financial obligations don't necessarily end on closing day!
📌 3. Special Alert for Fulton County Homeowners in 2026!
Fulton County has issued temporary property tax bills for 2026.
What does this mean?
The temporary bill may not reflect your final tax obligation. A supplemental bill may follow to account for the difference.
If you recently purchased a home in Fulton County:
✅ Watch for the final tax bill.
✅ If your mortgage lender pays taxes through an escrow account, forward the bill to your lender and confirm that it will be paid.
✅ Remember that an additional tax bill could affect your escrow balance and potentially your future mortgage payment.
If you recently SOLD a home:
✅ If you receive a tax bill for your former property, forward it to the new owner or closing attorney.
✅ Be prepared for a possible tax adjustment if the final bill differs from the amount used at closing.
💡 My takeaway: Closing day isn't always the end of the financial responsibilities associated with a real estate transaction.
Understanding how property taxes work, reviewing your closing documents, and staying on top of tax notices can help you avoid unexpected expenses.
This is exactly why I believe real estate education is so important. Whether you're buying your first home, selling a longtime residence, or investing in property, knowing what to expect helps you make informed decisions.
Have questions about buying or selling a home? I'm always happy to help you navigate the process and connect you with the right professionals. Call or text me at 770-530-1322 and I will be more than happy to answer your questions.
