Property taxes in Texas are considered a huge expense and typically are higher than any other state. The reason is because in Texas there is no income tax. Texas is one of only 7 states that is like this. Counties and local taxing jurisdictions mail property tax bills right before the holidays. Property owners have until January 31st to pay those property tax bills before they are considered delinquent. Property taxes can be a big burden around the holiday season. If you are not able to pay the property tax bill in full before the penalty date, a property tax loan might be the best option for you.
Property tax loans help property owners take control of their property taxes. Lenders such as Ovation Lending will work with you to find the best option and help you avoid the costly penalties, interest, & fees that come along with delinquent property taxes.
Property tax loans are not based on credit and will not affect credit. They are based on different factors such as the total value of the property and the total amount of taxes due to the county and other taxing jurisdictions. The qualifying and approval process is simple and easy. Most can be qualified on the initial phone call.
If you missed the deadline and have delinquent property taxes, Ovation Lending is a great option for you. We will work with you to help you find a monthly payment that best fits your needs and help you avoid accumulating penalties, interest, fees, and the possibility of foreclosure by the county. Don’t wait, call today!