Texas property taxes are an unavoidable reality for all homeowners in the state. At some point, almost every Texas property owner has asked: “How can I avoid paying property taxes in Texas?” American Finance & Investment Co., Inc (AFIC) provides the answer, but it is not a straightforward one, nor is it likely to be the answer you want to hear.
Texas property owners have been asking for relief from property taxes for years. The problem is that any decisive action towards property taxes can’t be taken at the state level since they are set and collected by municipal authorities who rely heavily on them for revenue. As a result, you have to face the fact that property taxes will never go away. Exceptions have been made for seniors, disabled people, and veterans, but even in those cases, taxes are reduced, not removed completely. The majority of property owners are required to pay their property taxes without any hope for reductions, rebates or deferrals.
In fact, failure to pay your property tax can result in your property being seized and sold at auction. There are some protections available for the elderly and the disabled, but even in these cases, taxes are not eliminated entirely. All that happens in these special situations is that the property is protected against seizure - the taxes may be deferred, but they will still have to be paid. If you are among these protected groups, you can defer your tax payments for a long time, but they do not go away. All that happens is that your tax bill continues to grow over time, with penalties and interest rapidly making the balance grow out of control.
In short, nobody gets to avoid Texas property taxes. Some homeowners are protected against the most drastic consequences of non-payment, but payment is always expected nonetheless. So the best you can do is look for a way to make paying property taxes more manageable.
After facing the hard truth that Texas property taxes cannot be avoided, you may wonder what your alternatives are. You might have been accruing an astronomical tax bill over an extended period. The longer you leave it, the more impossible it is to pay it. A property tax loan from AFIC can help. We will settle your tax bill immediately, and you can then pay back the loan on terms that are achievable according to your budget and schedule. In this way, you don’t avoid property tax, but you get to pay them on your terms.
Founded in 1946, American Finance & Investment Co., Inc. (AFIC) started by serving the financial needs of El Paso and has since grown to become one of the top property tax lenders in the state of Texas, with a complaint-free track record for over 65 years, with the Better Business Bureau. We offer our clients an affordable, hassle-free way to ensure that your account with the local government tax office is paid in full and will work out a manageable repayment plan for you. AFIC can provide you with an instant quote by completing the form on our homepage. For qualifying properties, we can help you pay off your delinquent taxes and offer you the following benefits:
We pride ourselves on finding solutions to suit the unique needs of our clients. If you would like to discuss our property tax loans, please contact our experienced team at AFIC today.
Rates as Low as 8.0% (8.51% APR*) $25,000 loan,
$750 in Closing Costs, 120 Monthly Payments of $303.32
Get your estimate in under 1 minute!
Fill out the form below to start your loan quote
Proudly Serving Austin (Travis County & Williamson County), Dallas (Dallas County), El Paso (El Paso County), Fort Worth (Tarrant County), Houston (Harris County, Fort Bend County, & Montgomery County), the Rio Grande Valley (McAllen, Pharr, Hidalgo County, & Cameron County), San Antonio (Bexar County), Waco (McLennan County) and the rest of Texas with Property Tax Loans.
YOUR TAX OFFICE MAY OFFER DELINQUENT TAX INSTALLMENT PLANS THAT MAY BE LESS COSTLY TO YOU. YOU CAN REQUEST INFORMATION ABOUT THE AVAILABILITY OF THESE PLANS FROM THE TAX OFFICE.
If you are over 64 or disabled, don’t get a property tax loan, contact your tax office about a deferral.
OCCC License #159698 • NMLS #1778287