Escrow Pricing Increase
Posted On: September 8, 2023 by San Luis Valley Federal Bank in: News
Important Notice: Your Escrow Pricing may Adjust for 2024
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As you may be aware, your property value may have increased this year. County Assessors throughout the Valley performed a property valuation from January 01, 2021, to June 30, 2022. It was common to see residential property values increase by 30-80%. As a result, you may see a substantial increase in property tax payments.
If you elect to have San Luis Valley Federal Bank escrow your property taxes, your escrow payments...
