QUESTION:
In May, 2007, I sold my house in Limerick Maine to a single woman. It was a cash deal ( no Lender was involved ). I had paid the tax bill due on March 15, 2007 which, I understand paid me in advance through June 30, 2007. In fact, at closing, I received a credit [...]
Archive for the ‘Taxes’ Category
Can Taxes Due After I Sold Effect My Credit?
Posted in Taxes, tagged credit, maine, statutues, Taxes on July 14, 2008 | Leave a Comment »
Confusion about Real Estate Taxes in Maine
Posted in Closing, Taxes, tagged maine, payments, real estate taxes on May 13, 2008 | 3 Comments »
QUESTION:
Can you explain to me how real estate taxes work in Maine? I recently paid my tax bill on April 15, 2007, the due date. What period does that pay for?
BOB’S ANSWER:
In Maine, the cities and towns operate on a fiscal year (beginning July 1st and ending June 30th). When you paid your April payment, [...]