How Do Property Taxes Get Prorated When I Sell in Iredell County

Straight Talk from The Finigan Group

 

At closing, sellers aren’t usually shocked by commission, they’re surprised by the settlement statement math, especially property tax proration.

Josh Finigan & The Finigan Group make sure Iredell County sellers know what’s coming long before they reach the closing table.

The simple idea behind prorated taxes

When you sell, you pay your portion of the year’s taxes up to the day ownership transfers. The closing attorney or title company calculates:

  • The total annual tax bill

  • How many days you’ve owned the property

  • Any credit or debit needed so both parties pay their fair share

Josh walks you through sample numbers, not just, “Trust the attorney.”

Why this matters for your net proceeds

Skipping tax proration in your planning leads to surprises. Josh includes it in your net sheet from the very beginning, along with:

  • Mortgage payoff

  • Agent commissions

  • Closing costs

  • Buyer credits

Whether you’re selling in Mooresville, Statesville, Troutman, or anywhere in Iredell County, Josh ensures you’re comparing real net proceeds, not inflated expectations.

How The Finigan Group protects you from confusion

A chatbot can explain the concept of proration. Josh explains how it applies to your home and your contract. Before you go under contract, he’ll run realistic estimates so closing isn’t a shock.

If you’re selling in Iredell County, don’t guess what you’ll walk away with. Call Josh Finigan & The Finigan Group today and get a real net sheet so you enter closing with total confidence.

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