If you pay your own property taxes:  You'll likely receive a bill from the county about your two annual payments in early October.  The first payment is due 11/1 and the 2nd payment is due 2/1.  If you are in Ventura County, you can make your payments online at http://prop-tax.countyofventura.org. You can either use an e-Check or credit card to pay your taxes online.

If you bought your home in the current calendar year:  In addition to your annual taxes, you should expect to pay supplemental property taxes.  Supplemental tax bills are mailed directly to you by the Treasurer and Tax Collector’s Office approximately 6 months after your purchase.  These bills are generally not paid by escrow (or impound) accounts, so make sure you pay attention to this particular bill.  It should clearly state that it's a Supplemental Property Tax Bill, and you are responsible to pay it.  This only happens in the first year of your home purchase.  If you haven’t received a bill, I would suggest you look online at http://prop-tax.countyofventura.org or your appropriate county website to be sure no taxes are due.

If your taxes are included with your mortgage payment:  An escrow or impound account has been set up to collect enough property taxes monthly with your mortgage payment for the lender to pay the annual taxes on your behalf.  Every year your lender will send you a statement showing you what has already been collected, what you paid, and any future payments expected.  It's very important to read and understand these statements.  Sometimes lenders miscalculate the required taxes, so when the descrepancy is found, in the case of underestimating your tax payments, you could be facing past due taxes and penalties!  The property taxes of your newly purchased home should be around 1.25% of the purchase price.  If you are being escrowed for something substantially less, it’s not luck, it’s a mistake that will become more costly as time goes on.  Understanding the annual escrow analysis statement can be challenging.  If you need help, call your lender or google how to read escrow statement and you’ll find many helpful articles and job aids.  When in doubt, compare what your statement says is due in the coming year to what the county website says.