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Showing posts from March 31, 2011

Cook County Property Taxes - (stuff they dont want you to know)

A last minute reminder that 2010 1st Installment Cook County property tax bills are due tomorrow, April 1st. Starting Saturday, delinquent taxpayers will have to pay a 1.5% late charge for each month they are late.

Of all the nuances in my work helping buyers and seller close their real estate transactions, few facets of the process cause as much confusion as Cook County property taxes. There are a great many reasons for this, but on the bottom line, it is just darn messed up.

The property tax system pits citizen tax payers against citizen consumers of governmental services. We want the good services and benefits our State, County, and City...but we would like them a whole lot better if someone else would pay for them.

Carrie Porter over at the Morton Grove Patch is running a week long series on the Cook County property tax system. I highly recommend taking a look at her reports:

A video explaining the basic computation of property tax billsA look at the extra burden our tax system pl…