Friday, January 28, 2011

The Pain Starts on Tuesday!

Ahhhh, Feb. 1, a date which lives in tax infamy. That is the date that the first round of penalties begins for delinquent property taxes. We post the penalties often but a refresher course never hurts.


On the first of each month:
Penalty
Interest
Total Added for the Month
February
6%
1%
7%
March
7%
2%
9%
April
8%
3%
11%
May
9%
4%
13%
June
10%
5%
15%
July
12% + 20%*
6%
38%
Each month thereafter

1%
Additional 1% each month


By July, you are paying OVER 1/3 additional just in penalties....and the beat goes on until the County decides to take house or you find a way to pay your taxes and make the bleeding stop. I'm sure the question pops up often,"If I can't pay my taxes now, how am I going to pay them AND PENALTIES later?"

We are the answer in Texas! We loan you the money due this year and allow you to pay it back over a period of several years. You are able to spread the payment out over time making it far more manageable than a giant lump sum due all at one time. We approve 90% of those that apply, and there is no cash required at close. It makes so much more sense than letting the penalties build until it reaches a level where there is no recovery. About the time that happens, the county comes and takes your house.

Don't kid yourself, the penalties are very real and very severe. Fear not, the solution is also very real, incredibly simple, and very economical ...call 800-719-4096 and let Tax Loans USA help.   

1 comment:

  1. I will end up worse than when I started being I will be homeless again, no car and no steady income as I am trying to sell insurance. No one wants to hire a 58 yr old man these days.

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