New Texas Property Tax Relief Bill PASSED | Texas Tax Bill Explained | Property Tax Reductions

[@dechannelsingleton3489]

Thanks for the great information!

[@deewaltonrealtor]

of course!

[@Lovetoall14]

Great video!!

[@deewaltonrealtor]

Thank you and thank you for watching!

[@jayda3335]

So now that we know it passed and its effective for 2023, the majority of homeowners have the escrow already tied into their payment. Can they expect to receive a refund for the overpayment in January of next year?

[@deewaltonrealtor]

Great question! Escrow payment should actually decrease under the plan to reflect savings. Given that mortgage companies reassess properties annually, they should be able to account for presumed savings under the bill. I would call your mortgage to verify how they plan to process the new bill.

[@nicholaswilkins4311]

Oh this was this

[@deewaltonrealtor]

Thank you for watching!

[@deewaltonrealtor]

Thanks for watching!