Join our FREE Investing in Real Estate Class Sign Me Up
Select Page

Do I have to pay my property tax bill?

by | Oct 25, 2018 | How to Guides

It’s property tax time again, so you should start receiving your property tax statement in the mail here in the coming days and weeks. And don’t be surprised to see a hike in your tax bill.

If you get a green bill it means that your lender is not collecting extra money or you do not have a loan and you need to pay the bill directly. If you have a yellow bill it should mean that your lender is collecting money with your mortgage payments to pay the bill for you. You can confirm that on your mortgage statement which should have info on money collected from you for principal, interest, taxes, and likely insurance as well.

If you are wondering how to go about appealing your property taxes, find links provided below for how to appeal in each county:

Multnomah County

Clackamas County

Washington County

Property tax bills are allowed to increase up to 3%, plus any additional increase due to the cost of bond measures that voters approve, such as the Parks and Library bonds passed five years ago. However, in Multnomah County [Portland] you can receive up to a 3% discount on your tax bills if the full property tax amount is paid by November 15, 2018.


Learning Center:

Advice, Opinions, and Market Reports about the Oregon and Washington Real Estate Market

Portland Luxury Condo Market Analysis

  2020 was a rough year with the pandemic, social unrest, and the closure of many restaurants and retail businesses. Nowhere was the impact more acute than in downtown urban areas across the country. Read the full  luxury condo report here to view the pre and post...

How To Buy & Sell at the Same Time

  How to buy a home when you already own a home: Have you been dreaming of your next home, but you’re not sure what to do with your current home? You’ve heard that it’s a sellers market, but what does that mean if you also need to buy?  There are three options to...

How To Retire for Real Estate Agents

Our CEO and Best Selling Author of The Golden Handoff, Nick Krautter, talks with Justin Stoddart on the Think Bigger Real Estate Show to review his revolutionary model that helps real estate agents grow their business while simultaneously helping other agents rapidly...

Start Your Search Today

For a Confidential Meeting contact:

Nick Krautter, CCIM

Principal Broker in Oregon/President

Managing Broker in Washington