Owning a home or business property has its perks, but those advantages don’t come without the occasional headaches. Home dominium gives your freedom, nonetheless with that freedom comes responsibility, that includes paying property taxes. If you are having spot paying residential taxes on time, consider calling a property tax consultant Texas for a advance on unpaid taxes. The longer you wait to pay taxes on your home, the more expensive it will treffen to “catch up” on the bill, and you may even lose your home.
Here are a few reasons prompt action on unpaid property taxes are in your best interest.
1- Penalty further Interest Charges Add Up the Longer Your Debt Remains Unpaid.
Interest on delinquent Texas property taxes is charged at the rate of 1 percent per month. The charges container go as costly as 12 percent if the tax bill remains unpaid for a sturdy amount of time. Texas has no cap on unpaid property tax interest. If a private attorney is hired to collect the taxes, he or she can additional a charge concerning up to 15% to cover legal fees.
2- Delinquent Tax Notices et al Lawsuits
Your local tax collector will send you several notices in the mail. Provided you don’t want to dread opening your mailbox whole day, contact a property octroi consultant Texas. An experienced custom lender knows all the rules and penalties involved when taxes are paid late (or not at all), and volition cooperative you avoid these charges. A Texas property tax loan officer will process with you to choose the best repayment plan for your financial situation. By receiving a loan for property taxes, you’ll avoid a delinquent tax lawsuit. A tax collector may take property owners to spark for unpaid taxes et al add court costs to the bill.
3- There May Be a Tax Lien on Your Property
A local tax unit has a claim on every taxable piece of property in that jurisdiction. Courts can seize and foreclose on the property even if it has been sold to a new owner. If you owe back property taxes, potential buyers (or their lawyers) will discover this in research before closing on the property, making it harder to sell. If it is sold, the new owner has to pay all back taxes before receiving a title for the property.
If your tax bill is arrears and you don’t have the funds to pay it, a property tax consultant Texas can accommodate you money to pay your bill et sequens low-profile the hassle of liens, penalties, interest and lawsuits. At Safe Texas Investments, you can apply for a loan by using our online form or visit us in our McKinney office. We serve residential and advertisement property owners statewide. Reproach us toll-free at (877) 496-3814 to learn another about submitting a loan blank and our loan payment process.
property tax consultant Texas
Safe Texas Investments
7290 Virginia Parkway, Suite 2300
McKinney, Texas 75071