when should the new property taxes come in effect?

by OrangeCountyRealEstateDeals.com | February 23, 2011 | on Orange County Homes For Sale | 4 comments

We bought a house in Orange County, FL in June 2010. We bought the house for 190K and the taxes we are paying is on the previous value of 350K. Also we applied for homestead exemption right away when we bought the house. Wanted to know when will my property taxes go down? And when will my homestead exemption come into play? I am still paying the same property taxes as to what I was paying last year when I bought the house.

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