09/20/2026
I must say, for years I've shown my buyer customers what to expect in property tax calculations in January after they close. I also advise them to watch their escrow accounts, since most lenders will only calculate taxes for the year on record and then, come November, say, "Hey, we didn't collect enough," and collect the shortage.
One of the most common surprises for Florida homebuyers comes after closing, when they discover that their property tax bill may be significantly higher than the seller’s current taxes. Beginning February 1, 2027, a new Florida law is designed to give buyers a more realistic picture of potential p...