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  1. Paul Romanacci
    Apr 14 - 12:58 pm

    Here in Connecticut where I live, taxes are collected on Jan 1st and July 1st. So when you refinance close to those dates, it really ends up adding a lot to your settlement costs. If you close in June you could be looking at 8 months worth of taxes. And here in the North East — that can be a whole lot of money.

  2. Debra Sinick
    Apr 19 - 12:51 pm

    Hi Rhonda,

    I have a client who asked this exact question. I’m going to forward this post on to him.

    Thanks!

  3. Mortgage Porter
    Apr 27 - 7:56 am

    Debra, I’ll get to repost this article again in October when second half taxes are due! I’m glad you found this article useful.

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