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Property taxes are calculated based on the purchase price of the property. California law designates this purchase price as the official assessed value while creating a predictable tax environment through mandatory annual caps that restrict value increases to no more than 2 percent each year, providing homeowners with significant tax stability.

Property taxes are a continuous, annual obligation for anyone who owns real estate. They are assessed on the ownership of the property itself, regardless of whether it produces income or is occupied by the owner. This tax remains payable for as long as you hold title, making it a long-term financial responsibility.

Property taxes are a first-priority lien and must be paid. We do not have payment plan options, and in accordance with legal mandates, we are required to commence foreclosure procedures when a property's delinquent tax situation becomes subject to tax foreclosure under state law.

Property taxation in the United States began during the colonial period as a way to provide funding for local governments and essential community needs. Since each colony created its own tax rules and start times, there is no specific national beginning date. These early systems gradually evolved, forming the foundation of the property tax model still used today.

Property taxes are a key source of revenue for local governments, helping fund essential services and infrastructure within a community. The money collected supports schools, police and fire departments, road maintenance, parks, and public utilities. These taxes ensure communities remain safe, functional, and well-maintained while sustaining vital public programs and services.