Let's call the new First Time Home Owner, Joe. I dropped by to see how Joe was getting along in his new house in Midtown last week and I think he is very glad I did.
Joe suggested that we have dinner at Waterboy at 2000 Capitol Ave which was positively delicious. Waterboy changes their menu each month and uses fresh local produce during the meal preparation...yum and it's good for you, too!
During dinner Joe told me that he had received his tax bill that need to be paid by October 10th. As a new First Time Homeowner, I was surprised that he would receive his Supplemental tax bill that soon and thought it quite unusual. So, I pressed the conversation, more.
Joe repeatedly told me that the tax bill he received was called Transfer Tax and not Supplemental. I asked if he was sure about the name TRANSFER TAX. Joe was certain that this bill was called Transfer Tax and it was in the amount of $1300 +. The amount was a dead give away...Joe was correct it was the Transfer Tax.
The kicker here is that Joe should not have been getting a bill for the Transfer Tax. This bill is paid during escrow by the Title Company. I told Joe, I would take care of it and get back to him in the morning.
To find out what happened with this Midtown First Time Home Buyer, you will be redirected to Sacramento Real Estate.
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