Get Texas Property Tax Help Today

Unpaid Texas property taxes can be a devastating problem. Not only can penalties and interest compound at a rapid rate, but Texas taxing authorities can begin to take legal action, and eventually, a property owner can actually be faced with foreclosure for non-payment of taxes.

How It Happens

Property taxes are due yearly, and in many cases, funds from monthly mortgage payments are placed in what is called an escrow account. When the taxes are due, the money is released form the escrow account to pay the tax liability. If a homeowner’s residence has no mortgage, there is no escrow account, and if money was not put away for taxes, a delinquency could result. Also, some sub-prime loans were not even set up with escrow accounts, and again, if the homeowner failed to save, property taxes could be due. Illnesses and unexpected job loss could also cause a property tax delinquency.

Consequences

Delinquent property taxes not only can cause harm to one’s credit score, but they can ultimately lead to a foreclosure. Many potential employers check credit as part of the hiring process, and a reported tax delinquency or a potential foreclosure can be a serious problem.

What Can Be Done

Reliance Tax Loans can provide the solution for any Texas property tax issue. Reliance provides loans that will pay delinquent property taxes. The application process is simple and quick and can be done online or by phone, at 1-888-250-2645. Reliance tax loans are installment loans that usually come with three to five year terms. Credit problems and prior bankruptcies are not necessarily a problem. Also, there’s no need to wait until property taxes are actually delinquent, since Reliance can provide a loan for the current year’s taxes before they will become due.

Closing

While real estate loans can take months to close, Reliance is dedicated to funding consumer tax loans quickly and efficiently. Reliance takes care of the property inspection and title search. They will also verify all of the information on the application and will obtain accurate payoff information from the proper taxing authorities.

The Difference

Unlike other general loan companies who have no expertise in the field of property tax lending, Reliance only lends money to help those with property tax problems. Everyone in the office is focused on the same goals, and all of the staff is continuously aware of any tax law changes that may affect the loan process. All calls are answered promptly and there are no long hold times.

Property tax issues are not pleasant, and the thought of larger penalties, added interest charges, and even and eventual foreclosure can weigh upon any homeowner. Now, however, there is a solution to this problem. Go to Reliance Tax Loans, at http://reliancetaxloans.com, to begin the loan process.