Texas Property Taxes are the 14th Highest in the Nation
Living in Texas has many wonderful benefits. We have great weather… not too many hurricanes or tornadoes… and beautiful scenery. If you have never been to the Big Bend country you owe it to yourself to check it out… it is like a scene out of a John Wayne movie.
We also enjoy the benefits of a state where personal income taxes do not exist and corporate taxes are extremely low on a national average. We have great roads everywhere (constantly under construction) and good schools. So, with all of these benefits how does the state pay for things like schools, roads, and other public services? The answer is… property taxes.
Texas ranks as the 14th most expensive state in the nation for property taxes according to a recent study. The fact is you have to pay the piper somehow. There is no free lunch anywhere and Texas is no different than any other state… tax revenues must be generated somehow to pay for public services. High property taxes mean that there are many people who get into trouble paying those taxes.
People get into trouble paying property taxes for lots of reasons. It could be that a family suffers a major health event and the cost of health care services wiped out their cash flow and savings. It could be that the family suffered a loss of job and income from one or more income earners and therefore the property tax payments were delayed. It could be any of a dozen or more categories of financial stresses that caused the property owners to get behind on their property taxes. It does not matter.
Once you get behind on property taxes the costs can begin to escalate quite rapidly. And, even homesteading your property does not protect it from the requirement that property taxes be paid. The county taxing authorities have the right to lien your property for back due taxes and eventually to take the property at a sheriffs auction.
Property Tax Loans can help. Of course, many properties have the taxes wrapped into a mortgage payment, but, many other loans do not and the responsibility of paying the property taxes resided with the property owner. It is easy to let a financial crisis divert you from paying the property taxes and when that happens it can be useful to use the services of a property tax lender.
A Property Tax Loan can be the Solution.
Reliance Tax Loans is a licensed Property Tax Lender in the State of Texas. We want to help. A straight forward, no-hassle Texas Tax Loan can be the solution to your delinquency problem. Let us provide you with one of our fast, competitively priced loan to pay your real estate taxes. Our financing experts have years of experience assisting Texas Residents with residential and commercial mortgages, and property tax loans – and we’re committed to providing you with the most affordable loan solution available in Texas.