Author: Jason White

Can You Get a Texas Property Tax Payment Plan?

Overview

Due to the hefty penalties associated with unpaid property taxes in Texas, it’s in the best interest of property owners to find ways of offsetting their overdue property taxes. Since property taxes can lead to foreclosure, what are your options when you can’t meet your tax payment obligations partly or entirely?

Can You Get a Texas Property Tax Payment Plan?

YES! There are several options available.

However, it’s important to remember that tax assessors aren’t obligated to offer property owners payment plans. While disabled property owners and elderly property owners (aged 65 and above) can expect payment plans, it’s usually up to tax assessors to decide what kind of installment payment they offer, if any, and how they offer it. What’s more, payment plans offered for delinquent taxes don’t stop penalties and interest from accruing normally.

Property Tax Payment Plans in Texas as Per the Texas Property Tax Code

I. Split payment

As per Texas Property Tax Code 31.03, tax assessors can offer payment plans to property owners who pay at least 50% of the respective unit’s tax before 1st December. The split payment plan gives property owners a chance to repay the remaining 50% of taxes without incurring additional interest and penalties provided they finish paying before 1st July.

II. Instalment payment for certain homestead taxes

As per Texas Property Tax Code 31.031, elderly individuals (aged 65 or more) and disabled individuals who qualify for property tax exemptions under Sec 11.13c can be given property tax payment plans. However, there are some requirements that such individuals must meet.

For instance, they should have paid 25% or more of their property taxes before delinquency. Repayment plans are also set at three equal installments, the first one being before 1st April. The 2nd & 3rd installments must be paid before 1st June and 1st August, respectively. However, no penalties or interest accumulate in the process.

Installment payment for certain homestead taxes also apply to disabled veterans and unmarried surviving spouses of disabled veterans. However, they must first qualify for property tax exemption under sections 11.132 or 11.2.

III. Payment plans for delinquent taxes

Texas Property Tax Code 33.02 gives collectors of taxing units the power to enter into agreements with persons delinquent in paying tax and resulting penalties and interest.

Tax payment plans under this agreement must meet certain criteria. For instance, payment plans can only be granted to individuals who haven’t gotten into such agreements in the past two years. Also, the payment plan has to be in writing and provide monthly installments for at least a year if the property in question qualifies as a residence homestead for the individual entering into the agreement. Payment plans should also be 36 months or less, and property owners should have qualified for exemption as per Section 11.13.

IV. Escrow accounts plan

As per Section 31.072, tax collectors can get into contracts with property owners where property owners deposit some money into escrow accounts managed by tax collectors for the sole purpose of providing for property tax payments.

Contracts must be active before 1st October of the year before a tax year for which an account is opened. Collectors can agree to create one account for multiple properties owned by the same individual at an individual’s request.

Tax payment plans under Section 31.072 require property owners to be making monthly deposits to an escrow account until deposits are able to take care of the taxes or until tax bills for properties are prepared. Contracts should also make provision for deposits that aren’t less than estimated taxes.

Can you get a Texas property tax payment plan? Yes! However, if you are overdue on property taxes, the above payment plans may not be suitable. If that’s the case, you can pursue other ways of dealing with overdue property taxes in Texas.

Other Options for Paying Property Taxes in Texas

It is possible to get your overdue property taxes reduced or completely written off if you qualify for tax exemptions.

I. Property Tax Exemptions in Texas

If you don’t qualify for the above payment plans, you can consider tax exemptions. Texas has total and partial property tax exemptions for residence homestead, disabled persons, elderly individuals (aged 65 and above), veterans, property owners of uninhabitable property, and property owners of certain types of houses i.e., manufactured & cooperative housing.

Texas Property Tax Code 11 extensively discusses tax exemptions and requirements for qualifying for those exemptions.

Important: Tax exemptions aren’t guaranteed. You can be denied an exemption even if you think you deserve one. Appealing may not help either. Penalties and interest will keep increasing if you don’t get an exemption or a suitable payment plan.

If you have due property taxes, you can find that these payment options are unfavorable, especially if you are looking for a low monthly payment. Are there any other options?

II. Property Tax Loans in Texas

Are property tax loans better than property tax payment plans discussed above or property tax exemptions you aren’t likely to secure?

Provided you choose a property tax loan provider that is legitimate and offers quick loans at an affordable rate, it is better to take a loan and offset your overdue taxes. As mentioned above, property taxes in Texas accumulate penalties and interest very fast. You can easily find yourself paying over 47% in penalties and interest within the first year of failing to meet your tax obligations.

The best Texas property tax loan providers offer quick loans and affordable repayment plans that are way better than relying on tax exemptions and repayment plans provided for by law that are rarely forthcoming.

Texas Property tax loans are better than tax payment plans and elusive exemptions if you borrow from the best property tax loan provider like Property Tax Loan Pros with low monthly repayments, flexible property tax payment plans, ZERO application fees, a streamlined online application process, quick loan approvals and funds disbursement. CALL: 866-531-7678, EMAIL: info@propertytaxloanpros.com.

Texas Property Tax Penalties

Overview: How much will I pay in property tax penalties in Texas?

Texas has one of the highest property tax penalties in America. Property taxes that aren’t paid by 31st January every year automatically result in delinquency and penalties, interest and other charges start pilling up fast.

Summary of Texas Property Tax Penalties

Delinquency results in a 7% penalty charged on 1st February. If the taxes remain unpaid in February, the penalty will keep increasing by 2% every month resulting in 9% in penalties on 1st March, 11% in April and so on. The 2% increase continues until 1st of July.

The penalty reduces to 1% every month that the tax and penalties go unpaid. However, you will be charged a 20% in attorney/collection fees on 1st July. If you don’t settle your tax obligations by July, you will be looking at 41%+ in property tax penalties, interest, and other fees (attorney fees). By December, you are bound to pay 47.6%. Here’s a more detailed summary of Texas property Tax penalties.

As seen above, property tax penalties can pile up very fast. The importance of doing something about your overdue property taxes can’t, therefore, be overemphasized.

Consequences of Not Paying Texas Property Taxes and Related Penalties

A series of events happen when you don’t pay property taxes and accrued fees/penalties in Texas.

I. Tax delinquency notices

You should expect to start getting notices if you are overdue on your property taxes. Tax delinquency notices are sent multiple times by a delinquent tax attorney acting on behalf of the tax collecting authority.

II. Installment payment plan

If you want to pay overdue taxes, some tax collectors can allow payment plans for delinquent taxes up to 36 months. However, local tax collecting authorities in Texas aren’t required to give installment plans. In fact, such an occurrence is rare.

III. Tax exemptions

Property owners in Texas can seek tax exemptions for overdue property taxes. Exemptions exist for different kinds of property owners and property. For instance, elderly individuals (aged 65 years and above), disabled persons, heirs and spouses of deceased property owners, veterans, and owners of uninhabitable or unstable residences in Texas can get property tax exemptions.

IV. Legal suit

In most cases, attorneys acting on behalf of local tax collectors file lawsuits against delinquent property owners in Texas. Failing to respond to such lawsuits can lead to unfavorable judgments against a property for overdue taxes and related costs.

V. Foreclosure

If you don’t pay your overdue taxes and accumulated Texas property tax penalties for an extended period, you risk losing your property. Foreclosure is the worst-case scenario. It is provided for in the Texas Tax Code (Sec. 32). A legal claim on assets belonging to persons who fail to meet their tax obligations (tax lien) can be placed on your property.

A tax lien makes it possible for a tax assessor to foreclose on your property for overdue taxes. A 21-day notice is given prior to a foreclosure sale. Failing to provide a valid court defense to stop foreclosure will result in a tax sale order meant to sell property and recover overdue taxes and penalties.

Tax sale processes in Texas

As per Texas Tax Code 33.41, taxing authorities in Texas can start foreclosure processes any time after delinquency. If a property owner doesn’t pay overdue tax and penalties or have a valid defense stopping foreclosure, a court judgment will be entered, and the property in question will be sold at an auction.

If the property isn’t sold at a tax sale, it becomes the property of the respective Texas county. The county can sell the property later. Before a tax sale, a property owner must receive a written notice via mail or delivered in person. As per Texas Tax Code 34.01, tax sales must have a date, time, and location of the property. The written notice must also be posted publicly or published in a local daily or newspaper.

Can I stop a tax sale on my Texas property?

To stop a tax sale, you must pay off overdue taxes and resulting Texas property tax penalties. If you don’t have money, you can consider taking a property Tax loan from notable providers like Property Tax Loan Pros and paying off everything before a tax sale. Curing delinquency automatically releases the tax lien halting foreclosure.

If you don’t take action and cure the delinquency, tax authorities will have no option but to sell your property via an auction to the highest bidder. The property can only be sold at a minimum price equal to or more than the market value or the total amount of tax, interest, and penalties owed. As mentioned above, the county will take ownership of the property if there is no winning bidder.

Can I get my property back after foreclosure and a tax sale?

Even if the worst happens and your property is sold because you haven’t paid Texas property taxes and related penalties, you have a chance to redeem your property as per Texas Tax Code 34.01.

Generally, individuals whose property has been foreclosed because of property taxes in Texas have two years to get back their property. The two years begin from the date of filing the deed in county records.

To redeem property, you must reimburse the bidder who purchased your property at the tax sale price plus additional costs such as the deed recording fee, the taxes, interest, penalties, and costs paid on the property, as well as a 25% redemption premium (of aggregate total) if you choose to redeem your property during the first year and 50% if you are redeeming during the second year.

The Best Option to Consider to Avoid Texas Property Tax Penalties

If you fall behind on your property taxes in Texas and can’t secure a tax exemption, you must find a way to get money or risk foreclosure. Instead of letting the county take your property and redeeming it at unnecessary costs later, you are better off just taking a Texas property tax loan from a renowned lender and settling your overdue taxes.

Property Tax Loans Pros are renowned lenders who offer quick and affordable residential and commercial property tax loans to help Texas property owners that fall late on their property tax obligations.

You don’t need a good credit score, application fees, prepayment penalties, or any other hurdles faced by property owners in need of urgent property tax loans! Enquire NOW. CALL 866-531-7678, Email: Info@propertytaxloanpros.com.

How to Find the Best Property Tax Lender in Texas

Overview

You can face stiff penalties, interest, and related fees (i.e., attorney fees) for failing to pay your Texas property tax on time. While it’s possible to get tax exemptions on overdue property tax, you aren’t assured of anything if you don’t meet the stringent qualification requirements.

In many cases, you’ll have to find a way of paying your taxes, and there’s no better and faster way of doing it other than borrowing from property tax lenders. However, there are many property tax lenders in Texas today, so how do you find the best?

How to Find the Best Property Tax Lender in Texas: Important Factors to Consider

1. Licensing and legitimacy

There are scammers online looking to steal personal information or harm borrowers in many other ways. So, before you settle on a specific property tax lender in Texas or anywhere else in the US, make sure they are legitimate.

There are many ways to assess the legitimacy of a property tax lender. Besides checking if they meet their formal licensing requirements i.e., if they are licensed by the OCCC (Office of Consumer Credit Commissioner), you can assess other factors. For instance, is the lender a member of a credible association such as TPTLA or other groups of leading lenders in the industry. Membership in renowned associations indicates the lender is well-established and a serious player in the industry with proven professional services.

When you combine licensing and membership in renowned organizations, you can rest assured you are dealing with a lender that meets high

standards of professionalism, ethics, capitalization, data privacy, and security.

2. Quick and easy application process

After ascertaining the legitimacy of the lender in question, consider their property tax loan application process. How to find the best property tax lender in Texas goes beyond a legitimate lender license. You must be able to apply for a loan in record time. Remember, Texas property taxes penalties and interest accumulate very fast. Every month of unpaid overdue tax attracts additional charges. The importance of getting a lender with a quick and easy application process can’t, therefore, be overlooked.

You should be able to apply for a loan seamlessly and get your loan amount immediately if you meet the criteria for borrowing. The best property tax lenders have a 100% online loan application and approval process that is streamlined, saves precious time, ensures data security and privacy, and offers other important guarantees. For instance, if a lender says they will deposit your loan amount in a day, they should do exactly as they promised once your loan application is approved.

3. Non-discriminatory lending. Bad credit loans available

Good lenders also have non-discriminatory policies. For instance, a lender shouldn’t deny you a loan simply because you had difficulties in the past. Borrowers shouldn’t be defined by their credit scores or reports.

Most people face financial problems that are out of their control once in a while. The best property tax lenders in Texas understand this perfectly, which is why they profile clients holistically before deciding whether to grant them loans. Your ideal lender should be open to all kinds of borrowers, provided they show the capacity to repay their loan.

4. Local presence

The best property tax lenders also happen to be those with local presence. Lenders who understand local borrower needs tend to serve such borrowers better. What’s more, such lenders tend to invest in the community and have meaningful connections with borrowers.

It helps to use a lender who understands property tax issues in your area. Such a lender is best suited to offer the type of loans that meet your needs perfectly. Local lenders tend to do more for their clients because they have a local reputation to protect.

5. Reasonable repayment terms. Reasonable loan charges.

The best Texas property tax lenders don’t charge loan application fees or other unreasonable fees that raise borrowing costs. They also offer low monthly repayments well spread out to make repayment affordable. Borrowers who need flexible, personalized loan payment plans can get them fast and easy.

Most importantly, the interest rate charges should be competitive when compared to other top lenders. Ideally, choose lenders who have interest charges that match or are lower than other credit forms.

What’s more, the best lenders won’t penalize you for repaying your loan earlier than agreed. They’ll also understand the financial distress associated with falling behind on property taxes and won’t purpose to add unnecessary financial burden to borrowers. Most importantly, there should be reasonable procedures in place for dealing with borrowers who have difficulty repaying loans and are in need of assistance.

6. Responsible lending practices

The best lenders assess factors like affordability before disbursing loans. They avail tools to borrowers to help them assess their suitability for loans before applying. Top property tax lenders have affordability tools in place that not only help borrowers make wise borrowing decisions but offer precise estimates of fees and other charges beforehand.

Go for lenders with free estimates, affordability calculators, and related tools that allow potential borrowers to assess their financial positions accurately before taking a loan. Your preferred lender should also offer some financial advice if needed. Avoid lenders that charge high ambiguous fees i.e., high origination fees, since such fees are usually denoted as a percentage of the loan amount, so they can turn out to be very costly with larger loans. Lenders who are keen on lending anyone without offering sound financial advice or caring if a borrower sinks deeper into debt should also be avoided.

7. Consider reviews

Lastly, it helps to check what past and present customers are saying about the lender. A quick online search on trusted review sites can give you a good idea of the kind of property tax lender you are dealing with. Ideally, you are looking for a lender who has more positive than negative reviews. Borrowers should be generally happy about the services they are getting.

Summary

How to find the best property tax lender in Texas is easy if you consider the above factors. Begin by ensuring you are dealing with a legitimate lender. The lender also needs to offer a fast and easy application process, reasonable repayment terms, follow non-discriminatory policies, and practice responsible lending. It also helps for the lender to have a local presence and great online reviews.

Searching for the best property tax lender in Texas? Consider Texas Property Tax Loan Pros. They meet the above criteria. CALL Texas Property Tax Loan Pros NOW: 866-531-7678 or Email: info@propertytaxloanpros.com.

Texas Property Tax Code

Definition: Texas Property Tax Code

Texas property tax codes can be defined as statutes for regulating taxation, tax assessment, tax exemptions, appeal options, hearing procedures for tax appeals, judicial property tax appeals, prompt payment of property taxes, penalties for late property tax payments and other related property tax matters.

The Texas Property Tax Code has many sections (subtitles). Below is a summary of the main subtitles and what they entail.

A: General Provisions

The general provisions define important terms like property, what happens to a property owner’s tax obligations in case they fall due on a weekend or holiday, how tax refunds are handled, how property owners get notices for due taxes, guidelines for electronic data, among other important information critical for a property tax system.

B: Property Tax Administration

This subtitle addresses state administration issues ranging from how the property tax administration advisory board is formed to its roles, grounds for removing members, restriction on membership, powers and duties of the board, guidelines on property tax forms & record systems, statewide tax rate lists and other state administration issues.

C: Taxable Property & Exemptions

As the name suggests, this section goes into detail on the different types of property. Section 11.01, for instance, defines types of property (real & tangible personal property, intangible personal property, public property, etc.) and the property tax implications of each type. The subtitle exclusively states that all real & tangible personal property in Texas is taxable unless it is exempted by law. Property under the state’s jurisdiction is taxable unless stated otherwise, or in special circumstances i.e., the property is temporarily located outside Texas.

Subchapters B and C talk about exemptions to Texas property tax. Texas property tax codes that explain when a property owner can be exempted from paying property tax partially or partly are discussed in these subsections. The sections have information on the type of property owners and property that qualifies for property tax exemptions in Texas and how exemptions are administered. For instance, the qualifications for exemptions, the application process for exemptions, notices for application requirements, consequences of late applications and related information are expressly addressed from Sec. 11.41 to 11.49.

D. Appraisal & Assessment

Subtitle D covers taxpayer information, property inspection, publicizing requirements, filling dates, confidential information, penalties for intending to evade property tax, among other important requirements and procedures. Chapter 22 and Chapter 23 highlight the property appraisal procedures that must be followed.

E. Collections and Delinquency

Chapters 31 to 33 discuss everything there is to know about collecting property taxes in Texas, tax liens, individual liability and delinquency. This subtitle states how property tax bills should be sent, information about some tax bills, delinquency dates, and dates for special installment payments i.e., split payments.

The chapters also cover other special scenarios that warrant installment payments in Texas, what can lead to postponement of delinquency, ideal methods of paying taxes, procedures for sending refunds, protesting payments and more.

Subtitle E addresses delinquency in-depth, including rare scenarios surrounding delinquency and how to deal with them. For instance, there are provisions on how taxing units are supposed to handle penalties and interest on delinquent tax resulting from fund transmission errors or US Postal Service delays. In such an instance, taxing units can waiver resulting penalties and interest charges.

Subtitle E has everything on property tax collections and delinquency that a property owner needs to know, including property seizure in Sec.

33.91.

F. Remedies

The Texas Property Tax Code also contains provisions property owners can use to protest any eventuality in the property tax billing process. For instance, Sec. 41.411 talks about protesting for failing to get a tax notice. The procedure for protesting, guidelines for protest hearings, notices for other matters before a hearing and determination of protests are also clearly given.

Subchapter D talks about administrative provisions for remedies i.e., issuance of subpoenas, inspecting tax records, hearing procedures, evidence, recording proceedings, provision of state assistance, issuance of public notices for appeals and more.

The duties of the appraisal review board are also provided in Sec 41.01. The role of the board includes but isn’t limited to determining protests brought forward by property owners, addressing clerical errors in appraisal records, and determining the validity of exemptions.

Summary: Texas Property Tax Codes

Property taxes are a complex matter. In Texas, all matters ranging from administration of property taxes to collections and remedies are covered extensively in the Tax Code. It is, therefore, recommendable for all property owners in Texas to familiarize themselves with the code. Considering the hefty penalties and interest charges that property owners face for failing to pay property tax, understanding important provisions is crucial.

While many property owners get into tax problems for lack of funds, some may face foreclosure due to no fault of their own. A wrong address or US postal service delay can bring forth penalties. Texas property codes have provisions for handling such problems. The above information covers the basics of the Tax Code. For more detailed information, review the entire Texas Property Tax Code here.

Are you searching for a Texas property tax loan?

In most cases, you don’t need to understand the entire Texas Property Tax Code if you pay your taxes on time. However, if you are already overdue, it helps to understand your options. You can ask for an installment plan or exemptions. However, since such options aren’t assured, and your tax will keep attracting penalties and interest charges until you pay, it is better to get an affordable property tax loan and settle your tax bill.

PropertyTaxLoanPros.com is a leading local provider of property tax loans in Texas. You can get a quick and affordable loan with a ZERO application fee. The loans attract low monthly payments and can even be customized to meet the needs of a borrower.

Applications are intuitive and streamlined (100% online) for faster application, approval and disbursement of the loan amount. Get a Property Tax Loan Pros Loan NOW! Call 866-531-7678. Email-info@propertytaxloanspros.com.

Texas Property Tax Deadlines For 2021

You can have your property foreclosed for failing to pay property taxes in Texas. Your interest and penalties can also accumulate to approximately 47% in the first year alone. The importance of knowing the deadlines in respect to the type of property owner, taxing units, and appraisal districts can’t, therefore, be overlooked. The Texas Property Tax Code dictates everything on property tax, including deadlines.

For instance, Section 1.06 dictates what happens if a deadline falls on a national holiday or weekend i.e., the deadline is enforced on the first business day following a holiday or weekend. Below are important Texas property tax deadlines applicable to 2021.

Eventualities like extensions haven’t been factored in. If a property owner secures a property tax payment plan or exemption that legally extends or removes a deadline, the deadlines below can change accordingly. Property owners with other complex property tax deadline issues should consider seeking legal advice for a more detailed interpretation of the statutory provision.

Monthly Texas Property Tax Deadlines for 2021

Below are the main deadlines applicable to property tax deadlines in Texas as per the Texas Comptroller.

January 1st and 31st Property Tax Deadlines

Taxable values and qualifications for some exemptions are established on 1st January every year. This is also when a tax lien is attached to property as security for payment of overdue taxes, interest, and other penalties for the year as per Sec 31.01a. Temporary property tax exemptions for property owners who qualify due to disaster damage also expire on 1st January. Disabled individuals and the elderly aged 65 or more have up to 31st January to qualify for property tax exemptions as per Sec 11.22.

February Property Tax Deadlines

Individuals who don’t pay their property tax face delinquency on 1st February. Delinquency attracts a 7% penalty charged on 1st February and increments thereafter.

31st March Property Tax Deadlines

Disabled and elderly property owners (aged 65 years or more), as well as their heirs or surviving spouses who qualify for Sec 11.22 property tax exemption, have up to 31st March to pay their 2nd property tax installment.

31st March is also the deadline for qualified property owners of damaged property to pay their second tax installments with 1st February delinquency dates.

1st April and 30th April Property Tax Deadlines

Businesses have up to 1st April to pay their previous year’s property taxes without accruing any attorney fees. Property owners have until 30th April to file exemption applications as per Sec 11.43d.

31st May Property Tax Deadlines

31st May is the last day for elderly homeowners (aged 65 and above), disabled veterans, and their heirs and/or surviving spouses to pay their third installment on property tax as per Sec 11.22 with 1st February delinquency dates. The same deadline applies to disabled veterans and their heirs/surviving spouses with donated homesteads as per Sec 31.03.

Property owners (both homeowners and business owners) with property damaged by disaster also have up to 31st May to clear their third property tax installment.

30th June Property Tax Deadlines

Taxing units have up to 30th June to levy property tax for a current year as per Sec 26.12. They must also adopt local option % homestead exemptions by 30th June. Private schools denied property tax exemptions under Sec 11.21 due to charter amendments must also file an application before 30th June or before the 60th day from the date an exemption is denied.

1st July and 31st July Property Tax Deadlines

As per the Tax Code Sec 33.01a, delinquent taxes incur 12% in overall penalties on 1st June.

Disabled or elderly homeowners, as well as disabled veterans and their heirs or surviving spouses who qualify for Sec 11.22 exemptions, have up to 31st July to pay their 4th property tax installment as per 1st Feb delinquency dates. The deadline also stands for partially disabled veterans who have homesteads donated by charitable organizations.

Homeowners and business owners with property damaged by disasters also have up to 31st July to pay their 4th installment on property taxes.

1st and 31st August Property Tax Deadlines

Taxing unit assessors have up to 1st August to submit appraisal rolls and dates that tax collectors submit collection rate estimates for a current year.

By 31st August, taxing units must waiver penalties and accrued interest if tax bills are returned undelivered by the US Postal Service (if another tax bill isn’t sent 21 days before delinquency date to a current mailing address given by a property owner).

September Property Tax Deadlines

29st September is the last day for all taxing units to adopt current tax rates. Failure to observe this deadline will force a unit to adopt lower tax rates for that year.

October Property Tax Deadlines

As per Sec 31.01, tax assessors must have mailed property tax bills for a year by 1st October or as soon as it is practical.

November Property Tax Deadlines

Split payments offered to property owners in need of property tax payment plans must pay the first 50% of their taxes on or before 30th November.

December Property Tax Deadlines

Appraisal offices are supposed to survey and verify eligibility for homestead property tax exemption by 31st December.

Summary

The above information summarizes critical Texas property tax deadlines for 2021 to consider. While there are more deadlines applicable to property owners, taxing units, and other tax stakeholders in Texas, the above information summarizes the most notable deadlines to consider.

Understanding this information will help a property owner in Texas know when to pay taxes, apply for exemptions, expect correspondence from tax authorities, and many other important tax matters.

Paying for Texas Property Tax Before Deadlines

Penalties for overdue taxes begin accumulating in February and do so up to December if taxes still remain unpaid. To avoid worrying about different deadlines throughout the year, seek professional assistance on your property tax issues and ensure you pay your taxes on time.

If you don’t have money, you can always turn to property tax loan lenders in Texas. Propertytaxloanpros.com is one of the best property tax loan lenders with seamless online application processes, low fees, ZERO application fees, great reviews, and more. Call 866-531-7678 or email: info@propertytaxloanpros.com.

Texas Property Tax Due Dates

Overview

Texas property owners have many important tax dates to consider throughout any given year. Below are the most important Texas property tax due dates that could mean anything from missing a tax bill to accumulating hefty penalties, interest charges, and even suffering foreclosure.

The Texas Comptroller has a more detailed tax calendar with all property tax deadlines and their respective reference in the Tax Code. Here’s a summary of the tax due dates you should be worried about the most as a Texas property owner.

January Property Tax Due Dates

January has several property tax deadlines. For instance, 1st January is the last day for the appraisal district to determine property value. Tax liens also attach automatically to a person’s property on 1st January to secure payment of tax, penalties and accrued interest.

Property owners should receive their property tax bills for the preceding year by 10th January, or their delinquency date will automatically be moved to a later date (by 21 days).

31st January is the last date for property owners to pay their accrued taxes without facing penalties and interest charges, among other costs.

As per Texas Property Tax Code, penalties and interest on overdue taxes start accruing from 12.01am on 1st February. However, if 31st January happens to fall on a weekend, penalties and interest start accruing on the next working day (from Monday).

If you have a property payment plan because your property has been damaged by a disaster, 31st January is your deadline for paying the 1st installment payment on your tax bill.

February Property Tax Due Dates

Property taxes that aren’t paid on 1st February automatically result in delinquency. Penalties and interest charges also start accruing.

Property owners have up to 28th February or 29th February (in a leap year) to file for the instalment property tax payment option via a letter of intent. The deadline also applies to homestead exemptions. Disabled veterans, and elderly individuals (aged 65 or more) and other qualified individuals must pay their 1st instalment of their tax bill by 28th February.

March Property Tax Due Dates

31st March is the most important tax due date in March as this is the deadline for the 2nd instalment payment for individuals who qualify for homestead exemption. The exemption is given to elderly individuals aged 65 years or more, disabled individuals, disabled veterans and their surviving spouses who need a property tax payment plan.

April Texas Property Tax Due Dates

Property owners have up to 30th April to file several applications with respective appraisal districts. These applications range from certain exemptions to special requests.

May Property Tax Due Dates

Tax units start notifying property owners with delinquent property taxes on 2nd May. Additional penalties begin in June. The 3rd instalment (of tax statement) falls due on 31st May for qualified individuals.

July Property Tax Due Dates

On 1st July, property owners in delinquency face a 20% collection penalty, the largest of all penalties in a year.

September Property Tax Due Dates

Taxing units set property tax rates by 29th September. The rates determine the property tax that will be paid the following year. This follows the 1st September deadline for appraisal districts to set their budgets for the following year.

October Property Tax Due Dates

Tax assessors must start sending out property tax bills due the following year by October 1st.

December Property Tax Due Dates

By the end of December, appraisal offices must have verified eligibility for certain property tax exemptions i.e., homestead exemption.

Important: Texas property tax due dates may vary from one county to another. The importance of seeking location-specific information can’t be overlooked. Property owners should also check for detailed, up-to-date property tax due dates information with the Texas Comptroller.

FAQs About Texas Property Tax Due Dates

What will happen if I miss a property tax due date?

Missing property tax deadlines can attract serious problems in Texas. Besides penalties, interest and other charges (collection fees) accumulating to over 45% within the first year, you can also lose your property.

After delinquency, you incur a 6 percent penalty and interest charges applied monthly. In July, you are hit by at least 20% in collection/attorney fees. Taxing authorities usually hire lawyers to assist with collecting unpaid property taxes. These costs are transferred to property owners.

If you don’t make any effort whatsoever to pay your overdue property tax for months, you risk losing your property. Taxing authorities can sell your property to recover overdue taxes.

How much time do I have before foreclosure because of overdue property tax in Texas?

It depends! The time taken for property to be foreclosed because of unpaid property taxes depends on the local market conditions and taxing authority in question. Generally, it can take two to four months for a lienholder to foreclose on a property.

In Texas, foreclosure processes can begin any time and are generally completed in two months if they are uncontested. Property owners have an opportunity to contest state, local or federal government’s legal claims on their property even if taxes are unpaid.

I don’t have money. How do I avoid missing my Texas property tax due dates?

There are several ways to avoid facing the consequences of unpaid property taxes in Texas. As mentioned above, you can contest a foreclosure. However, you need a legal team which will add unnecessary costs. What’s more, you can lose a case and your property.

It’s also possible to qualify for property tax exemptions that reduce or eliminate tax bills. However, exemptions aren’t guaranteed. The same applies to payment plans. While you can get instalment payments, you must meet certain requirements.

Property owners should just pay tax to avoid hefty charges. There are property tax lenders in Texas that give property owners affordable loans.

PropertyTaxLoanPros.com is one such lender that can help you avoid missing important Texas property tax due dates. Property Tax Loan Pros offer quick, affordable, and flexible property tax loans to all types of property owners, including those with bad credit scores and those in need of personalized repayment plans. Avoid hefty fees and foreclosure by calling 866-531-7678 or email: info@propertytaxloanpros.com

Texas Property Tax Exemptions – Everything You Need to Know

Overview: Texas Property Tax

Texas doesn’t have a state property tax. Property taxes are locally assessed and administered. States charge property taxes to pay for roads, schools, emergency response services, and other public services. In fact, Texas property taxes contribute most of the tax funding available to the local government ($67 billion+). However, Texas property taxes can become a burden to property owners.

Consequences of Overdue Property Taxes in Texas

Property owners in Texas face serious consequences if they don’t pay due property taxes. The most notable consequences include;

Accumulation of late fees and penalties: The late fees and penalties charged on overdue property taxes accumulate very fast. Counties can charge a base late fee of 6% a few months after property taxes are due. A 1% monthly interest is also charged, increasing by 1% monthly if taxes remain unpaid.

The base late fee can also double to 12% if the taxes remain unpaid for a year. When you consider the fact that counties can charge attorney fees (up to 20% of your tax bill), it’s easy to see how overdue property taxes become unmanageable.

Foreclosure: You can lose your property in the worst-case scenario because of accrued Texas property tax. If a tax lien is placed on your property, the local taxing authority (county) can foreclose on your property when overdue tax and accumulated late fees and penalties remain unpaid for extended time periods.

This explains why Texas property owners turn to property tax loans. A Texas property loan can help property owners with overdue taxes offset their tax liabilities and get more favorable repayment terms. Understanding Texas property tax exemptions can also help to offset some or all overdue property taxes.

Types of Texas Property Tax Exemptions

Property tax exemptions can be broadly categorized as total or partial. Partial exemptions reduce overdue taxes by a certain percentage or fixed amount of the property’s value. Total exemptions remove all overdue taxes. Taxing units in Texas have the mandate to offer some mandatory exemptions. They also decide on who to offer such exemptions locally.

it’s important to discuss exemption provisions in regards to different properties, individuals, organizations, etc. to understand the different types of property tax exemptions in Texas.

a. Tax exemptions for residence homestead

As per Texas Property Tax Code 11.13b, school districts can offer a $25,000 tax exemption on residence homesteads. Tax Code 11.13n allows tax units to offer separate residence homestead tax exemptions up to 20% of the property value (appraised value). Tax Code 11.13a allows counties that collect flood control or farm-to-market taxes to offer $3,000 in residence homestead exemption.

To qualify, someone simply needs to have an ownership interest and use the property as their principal residence. What’s more, you shouldn’t claim exemption on any other residence homestead in Texas or other states in the US.

b. Tax exemptions for disabled persons and individuals aged 65 years and above

Disabled persons, as well as elderly persons (aged 65 and above), can enjoy additional $10,000 residence homestead tax exemptions from school districts as per Texas Tax Code 11.13c. Section 11.13d allows taxing units to offer separate residence homestead tax exemption of $3,000 or more.

Elderly individuals aged 65 or more must be living in their property to qualify for local option exemption. Surviving spouses can enjoy exemption if the older homeowner dies. However, they must be aged 55 or more at the time of their spouse’s death. They also need to live in the property in question and apply for an exemption.

c. Tax exemptions for veterans

Texas Tax Code 11.22 offers partial exemptions to disabled veterans and their surviving children and spouses. Tax Code 11.132 gives residence homesteads partial exemption applicable to residence homesteads given to disabled veterans via charity. Exemptions are also extended to surviving spouses provided they don’t remarry. Tax exemption amount is determined by the service-connected disability percentage.

d. Tax exemptions for manufactured & cooperative housing

Texas property tax exemptions may be extended to manufactured homes as per Texas Tax Code 11.432a. For such homes to get homestead exemptions, owners must adhere to detailed provisions on statement of ownership. Cooperative housing can also enjoy homestead exemptions as per Texas Tax Code 11.13o.

e. Tax exemptions for unstable or uninhabitable residence

As per Texas Tax Code 11.135a, owners of uninhabitable residences can receive exemption from such structures, land, and improvements while they construct a replacement structure on the land. For this tax exemption to be applicable, the owner has to actively be constructing a replacement residential structure or preparing the site. This exemption is extended for a maximum of two years.

Tax exemptions apply in many other scenarios. For instance, Heirs to a property and surviving spouses of first responders can apply for exemption. Exemptions can also be extended to property owned by community land trusts and religious organizations. Texas property tax exemptions are a vast subject that should be explored with the help of experts.

Applying for Property Tax Exemption in Texas

Property owners seeking property tax exemptions in Texas can apply with appraisal districts. Filling should be done before 1st May. Appraisal district chief appraisers decide if exemptions are given or denied.

Some exemptions may demand filing once, while others may require annual filing. Majority of one-time exemptions allow chief appraisers to ask for new applications verifying eligibility for exemption.

While chief appraisers decide whether applications for tax exemptions are approved or denied, property owners can appeal unfavorable decisions. Consequently, taxing units can challenge tax exemptions given to property owners.

Generally, property is taxable in Texas unless the owner or persons with interest to the property i.e., heirs can meet every legal requirement for an exemption. Property tax exemption forms ask all/most of the information required to grant to deny an exemption. In most cases, exemption is granted or denied based on the property’s use, a property’s qualifications for tax exemption, and the owner’s eligibility.

FAQs About Texas Property Tax Exemptions

A chief appraiser has denied my application for property tax exemption in Texas. What can I do?

Chief appraisers can deny tax exemptions because a property owner doesn’t show entitlement to exemption or their property doesn’t qualify for exemption. Other reasons include lack of proper documentation, errors in documentation i.e., documentation doesn’t match with the original property address. As mentioned above, you can appeal a chief appraiser’s decision to deny you exemption. However, if your appeal doesn’t materialize, you’ll have to pay your overdue property taxes.

I can’t get a property tax exemption, what do I do?

If you are denied Texas property tax exemptions and appeal the decision and still fail to secure exemption, you’ll have to pay property tax or face the consequences mentioned above, like hefty penalties and possible foreclosure.

You can avoid these negative outcomes by getting a property tax loan to offset your overdue taxes. Luckily, there are many great property tax loan providers in Texas, such as Texas Property Tax Loans Pros, ready to assist. Get a quick, reasonably priced property tax loan NOW and save your property regardless of your credit score.

Where Do I Pay Property Taxes in Texas?

Before you pay property tax in Texas, you need to know when taxes are due, how much taxes you owe, tax payment deadlines, consequences of non-payment, and more. First things first:

When Should I Expect My Texas Property Tax Bill?

Taxing units in Texas mail tax bills in October. The bills are due on receipt, and delinquency begins on 1st February. If February is approaching fast and you haven’t received your bill, contact the local tax office, ask for your bill and settle as required.

There are reasons for failing to get a property tax bill. There may be a change of ownership of the property in question, and the tax unit isn’t aware. Your tax account could also be under review or hasn’t been certified. Be proactive about tax bills that aren’t forthcoming to avoid issues.

Important: You must pay your property tax in time whether or not you receive a bill. Your tax bill and other charges (penalties or interest) still count even if you don’t receive a bill.

Where to Pay Property Taxes in Texas

Property owners in Texas can pay property taxes in several ways. Contact your tax collection office locally to get accurate, updated details on where to pay property tax in your county. However, you should expect the following methods regardless of where your property is in Texas;

I. Pay Cash (in a tax office)

It is possible to pay for property tax using cash. For this method, go in person to your respective tax office location.

II. Money Order or Check

Tax offices in Texas also accept money orders or checks taken in person or mailed to the respective tax office location.

III. Via Credit Card

As per Texas Tax Code Sec. 31.06, tax collectors are obligated to accept taxes paid via credit card. Collectors can charge a processing fee for this payment method. However, the fee is capped at 5% of all taxes, penalties, and interest due.

As per the Texas Comptroller, Glenn Hegar, of Public Accounts, Visa, Mastercard, American Express, and Discover cards are accepted. Credit card transactions can’t be changed or deleted.

Paying is as simple as settling the pre-populated amount due. You can change the amount with a preferred amount. To have a smooth credit card payment process, ensure the name on your card appears as it is on your account. The card should also be valid. Contact the appropriate office in case of any credit card payment issues.

IV. Escrow

Property owners can also get into escrow arrangements with tax collectors as per Texas Tax Code Sec. 31.072. Taxing units can enter into contracts with property owners whereby owners deposit taxes in escrow accounts maintained by collectors to provide money for paying taxes.

Contracts should be made after 1st October (of the year before a tax year). This mode of payment can apply to property owners with multiple properties. However, the property owner must request escrow payments to pay taxes for multiple properties.

V. Work Contract Arrangements

As per Tax Code Sec. 31.035, governing bodies of taxing units can allow elderly individuals aged 65 or more to perform services for a taxing unit instead of paying property taxes charged on those person’s residence homestead.

Governing bodies of school districts can allow individuals to offer teaching services for a school district instead of paying taxes. This provision is stipulated under Tax Code Sec. 31.036. As per Sec. 31.037, governing bodies of school districts can authorize corporations among other business entities to allow their qualified employees to offer teaching services to a high school in the school district instead of paying property taxes due on the property owned by that business.

FAQs About Paying Property Taxes in Texas

Can I pay property taxes in installments?

Whether you are paying your taxes in person, online, or over the phone via methods discussed above, you are only allowed to pay in installments if you have an installment plan in place or you have qualified for exemptions that allow partial payment.

What’s the deadline for paying property tax in Texas?

You must pay property taxes in Texas before 1st February. Property taxes that aren’t paid by 31st January result in delinquency. Penalties and charges start accumulating in February.

Once the initial tax bill is sent by the taxing unit, property owners have at least 21-days. Bills mailed later than 10th Jan result in delinquency after much later than 1st February. It’s advisable to pay taxes before a year ends to deduct those payments from your federal income taxes.

What happens if I can’t pay property tax in time?

Failing to pay property tax in Texas results in hefty penalties and interest charges added onto due taxes. The penalties and interest also increase constantly. If you don’t pay for a year, you will face additional charges that are almost 50% of your tax bill. A 20% attorney fee is applicable on top of the interest that accumulates monthly. Eventually, unpaid property taxes usually result in lawsuits and foreclosure.

I can’t afford to pay property taxes in Texas. What do I do?

You can seek property tax exemptions to reduce or get rid of your property tax. The Tax Code also has provisions for tax payment plans. For instance, property owners can be allowed to pay overdue taxes in installments. However, payment plans aren’t assured. You can be denied an exemption or a payment plan. What’s more, your taxes will still be accumulating.

It may be better to seek a property tax loan and settle your tax bill before you start getting penalized. Luckily there are many lenders in Texas willing to assist distressed property owners in settling their tax bills.

PropertyTaxLoanPros.com is among the best property loan providers in Texas. CALL 866-531-7678, Email: Info@propertytaxloanpros.com for affordable property tax loans from Property Tax Loan Pros. The loans are quick to apply and receive, flexible to pay, and non-discriminatory even to individuals with bad credit. Application is also FREE!

Texas Property Tax Rates

Texas has higher property tax rates than most states in the US. The average property tax rate in Texas is 1.69% against a national average of approximately 1.07%. While Texas property taxes are over 57% higher than most states, the state compensates by not charging state or personal income tax. Also, Texas doesn’t charge for residential real estate transfers.

If your assessed property is worth $200,000, you should expect to pay $3,380 in property taxes in Texas against $2,140 annually in other states. What’s more, some counties in Texas have tax rates that are higher than 1.69%. Tarrant County is a good example with a 2.01% property tax. For a $200,000 property the effective annual tax rate is $4,020.

Texas is home to approximately 4,000 local entities counties, cities, and school districts) capable of collecting property taxes.

How are Property Tax Rates Calculated?

Before looking at property rates charged by individual counties or other local entities, it’s important to understand how Texas property taxes are calculated.

Every year, appraisers evaluate all property in Texas. Property tax rates are recalculated based on appraiser findings. Generally, tax rates remain unchanged, and when they change, they do so gradually over several years.

Calculating Property Tax Rates

In Texas, several government entities have an independent role in the collective determination of property tax rates each year. The main entities are appraisal districts, city councils, and school districts. However, the main task of setting tax rates is largely decided by the value set by local appraisal districts.

Step by Step Guide to Calculating Texas Property Tax Rates

Below is a quick guide on calculating Texas property tax rates as per the Texas Tribune.

Step 1: Property Appraisal

The process of calculating tax rates begins with property appraisal. Every county appraisal district determines property value based mainly on market conditions.

Step 2: Contesting

If a property owner doesn’t agree with the value set by the appraiser, they are free to protest to the respective appraisal review board, which will leave the tax rate unchanged or set a new value.

Step 3: Appeal

Property owners can still appeal the board’s decision in court. The process usually results in arbitration or a court trial. The outcome of such processes determines the final property value.

Step 4: Exemptions

Once a final property value is determined, exemptions are deducted. Many property owners in Texas receive various tax breaks ranging from school tax breaks to property tax exemptions based on elderly homeowners (aged 65 and above) as well as disabled property owners.

The final value equals the appraised value minus any exemptions for which you/your property qualifies. Many homeowners can receive breaks on school taxes, while elderly and disabled homeowners can qualify for additional exemptions.

Step 5: Setting Property Tax Rate

After deductions are factored in, tax rates are set. The rates must be adopted by local taxing entities (cities, school districts, counties, etc.). Adoption of new tax rates is done publicly.

Once tax rates are set, property owners can receive their tax bills detailing the value of a property and the respective tax rate. Property owners should pay their property taxes to tax assessor collectors unless the local government collects property tax directly. Tax assessor-collectors send collected tax to the respective local taxing units.

Property tax rates are a % of a home’s appraised value. If the tax rate for the year is 2% and the value of the property in question is $250,000, the total property tax will be $5,000 that year.

Top 20 Counties/Cities with the Highest Texas Property Tax Rates

Below are counties and cities in Texas with the highest property tax rates, according to Smartasset estimates.

  • Menard has a 2.07% property tax against a $57,000 mean property value
  • Hidalgo has a 2.05% property tax rate against a $84,000 mean property value
  • Harris has a 2.03% property tax rate against a $165,000 mean property value
  • Williamson has a 2.01% property tax rate against a $245,100 mean property value
  • Brazoria has a 2% property tax rate against a $173,900 mean property value
  • Bexar has a 1.97% property tax rate against a $152,400 mean property value
  • Hays has a 1.97% property tax rate against a $222,300 mean property value
  • Rockwall has a 1.95% property tax rate against a $244,400 mean property value
  • Wichita has a 1.94% property tax rate against a $96,000 mean property value
  • Collin has a 1.94% property tax rate against a $288,900 mean property value
  • Dallas has a 1.93% property tax rate against a $161,500 mean property value
  • Deaf Smith has a 1.92% property tax rate against a $91,800 mean property value
  • Kaufman has a 1.88% property tax rate against a $161,600 mean property value
  • Nueces has a 1.87% property tax rate against a $130,700 mean property value
  • Kleberg has a 1.85% property tax rate against a $88,200 mean property value
  • Bell has a 1.83% property tax rate against a $141,200 mean property value
  • Travis has a 1.82% property tax rate against a $298,800 mean property value
  • Brazos has a 1.81% property tax rate against a $186,000 mean property value
  • Montgomery has a 1.80% property tax rate against a $223,900 mean property value
  • Mitchell has a 1.80% property tax rate against a $70,000 mean property value

Counties with the Lowest Texas Property Tax Rates

Ward and Borden have the lowest property tax rates at 0.51% and 0.34%, respectively. Borden and Ward counties have a median property value of $113,100 and $86,100, respectively.

How to Lower Property Tax Rate

Property owners keen on enjoying a lower property tax bill can consider owning property in areas with lower tax rates. Looking for state and local tax exemptions can also help to reduce the resulting tax bill. It also helps to avoid making changes just before a property assessment as this may result in a higher property value and final tax rate.

How to pay high property taxes

If Texas property tax rates are high, resulting in a high tax bills, property owners can consider taking property tax loans to offset the bill.

Texas has good property tax lenders like Property Tax Loan Pros that specialize in giving fast, affordable loans with flexible repayment plans to all types of property owners, including those with bad credit.

CALL – 866-531-7678 or email – info@propertytaxloanspros.com.

What If I Do Not Pay My Texas Property Taxes

If you are a property owner in Texas, ensure you pay property tax in time. While the average tax rate is 1.69% against the 1.07% average in the U.S., some cities like El Paso have tax rates that surpass the 2% mark. El Paso has an effective property tax rate of 2.24%.

Generally, Texas is among the states with the highest property taxes. Unfortunately, you also stand to suffer the most stringent consequences for failing to pay your taxes. Here’s a more detailed discussion on what happens to Texas property owners who don’t meet their property tax obligations.

Consequences of Not Paying Property Taxes in Texas

What if I do not pay my Texas property taxes? What should I expect?

Penalties and Interest Will Start Accumulating

Texas property tax bills are mailed in November. Property owners get them in a few weeks and have up to 31 January to pay. Even if you don’t receive your property tax bill, you will still be required to pay due taxes. Property owners are therefore required to be proactive about property taxes as opposed to sitting and waiting for a bill that isn’t forthcoming.

If tax bills aren’t paid by 31st January, penalties start accruing on 1st February. A 7% penalty is charged on overdue property tax as well as a 2% interest that accrues monthly.

Example: If you owe $10,000 in property taxes and don’t pay by 31st January, your tax bill on 1st February will include a 7% charge ($700), resulting in a total tax bill of $10,700 in February. A 2% interest charge will also be applied cumulatively every month. In March, total penalties and interest will be 9%.

The charges will keep increasing by 2% i.e., 11% in April, 13% in May, etc. In July, a 20% collection/legal fee is applied. While interest increases by 1% instead of 2% thereafter, by December, the total penalties and interest will be 47% + of the original tax bill.

Lien on Property & Foreclosure

Overdue property taxes almost always results in a lien on a property as per Tax Code 32.01. When this happens, the taxing authority has the right to take over property and use it as collateral for overdue taxes.

What follows is a tax sale to recover taxes and accrued interest and penalties. Overdue property taxes are declared delinquent if they remain unpaid on 1st February. On delinquency, tax authorities are at liberty to begin foreclosure as per Texas Tax Code 33.41. Property owners who don’t contest a foreclosure or pay overdue taxes and accrued penalty and interest charges risk losing their property.

Courts can listen to valid defenses to stop foreclosure. However, a judgment must be entered. If the judgment is against a property owner, their property will be auctioned. If the property doesn’t sell in an auction or tax sale, it becomes the property of the county. Other attempts will be made to sell the property.

Before a tax sale, property owners must get a written notice delivered via mail or personal delivery. Tax sale notice guidelines are highlighted in Tax Code 34.01. For instance, tax sale notices must be published on a local daily/newspaper or posted publicly if a county doesn’t have a newspaper.

Stopping Foreclosure on your Texas Property Because of Overdue Property Taxes

It is possible to stop taxing authorities from selling your property by simply paying the amount of tax you owe and accrued charges (penalties and interest).

I don’t have money. How do I pay for property tax in Texas? If you don’t have money, you can consider taking a property tax loan. Texas has good property tax loan lenders like PropertyTaxLoanPros.com who offer quick, affordable loans to every type of distressed property owner, including those with bad credit and economic difficulties.

Getting Your Foreclosed Property Back

Texas Property Tax Code: 34.21 gives Texas property owners the chance to redeem property that has already been foreclosed due to overdue taxes. Property owners have two years from the time a deed has been filed to look for money and buy back the property. However, they must cover all property costs incurred by the new buyer.

Generally, the amount paid for the house, deed recording fee, penalties, interest, taxes paid by the purchaser, and a 25% redemption fee must be paid back. Given how tax sales work, you should expect to pay more if you let your house be foreclosed. The importance of seeking property tax loans early can’t be overlooked.

A good lender like PropertyTaxLoanPros.com can offer property tax loans at a very low cost compared to what you will incur if you allow foreclosure and then buy back your property. Paying off overdue property taxes cures off delinquency, stops foreclosure, and removes the tax lien. However, you won’t incur any penalties or interest charges if you borrow early.

Lawsuit

You can get sued for failing to pay your property taxes on a variety of property types in Texas. Before you think lightly about the phrase “what if I do not pay my Texas property taxes”, think about legal fees and court costs that will add to your overall costs. A lawsuit usually precedes foreclosure. For mortgaged property, you can be left vulnerable to higher monthly repayments if your mortgage company decides to settle the tax bill.

State Solutions to Overdue Property Taxes

Texas Law has some solutions for unpaid property taxes. The state allows 3rd party lenders to take on property tax lien and repay overdue taxes and other charges (penalties, interest, and legal charges).

In fact, seeking the assistance of a Texas property tax loan provider is the best solution when you are faced with difficulties paying overdue tax. Property owners shouldn’t wait for delinquency or state solutions when it’s too late.

PropertyTaxLoanPros.com offers quick property tax loans ensuring taxes don’t become overdue. What’s more, the lender doesn’t discriminate. All borrowers are welcome, including those with bad credit scores. Client evaluations are also holistic, and payment plans are flexible.

Most importantly, there are no application fees, and the monthly repayments are low. Applications are also fast, and funds are disbursed in record time. With lenders like Property Tax Loan Pros, defaulting on your Texas property tax obligations shouldn’t be an option! Call: 866-531-7678 or email – info@propertytaxloanpros.com.