Best Property Tax Loan Rates

If you live in the state of Texas and  you are behind on your  property taxes, it may make sense for you to consider a property tax loan. As with all major decisions,  it makes sense to shop around and make sure you are getting the best rate and are dealing with a reputable company.  Here are some things you need to consider:

• In today’s market you should be able to get a rate between 9.5% and 10.5%
• Total fees and closing costs should not exceed $500.
• Does the company have favorable Better Business Bureau Ratings?
• Does the company have good Google and online reviews?

Once  you have done your homework, it really comes down to the economics. The question you need to ask yourself is whether or not the interest charges and fees associated with a property tax loan are less than the fees, interests charges and court cost assessed by the county.  In most cases you will find that a Property Tax loan is the best option.