At least 3.7 million Americans lost their jobs during the global Covid-19 pandemic, with many wondering how they’ll be able to keep up with bills, living costs, and property taxes. Millions of people have also seen reduced income as a result of lockdown regulations, which has left many property owners stressed and scratching their heads, wondering how they’ll be able to pay their property taxes – especially in Texas where property taxes are considered to be some of the highest in the country.
Citizens have been asking for property tax relief since the government affected the state-wide lockdown and many are hoping that this relief could assist in avoiding penalties and late fees if they’re simply unable to pay their 2020 property taxes. Lawmakers are, however, still battling it out and trying to establish a way forward, with some saying that property taxes can be raised during a natural disaster (such as a global pandemic), while others are seeking property tax rates to be frozen until economic recovery can take place, or reverting to the previous year’s tax rate.
There currently is no property tax relief in sight and you need to be prepared to pay your property taxes to avoid having to pay interest, penalties, collection costs, and avoid potential lawsuits and foreclosure. The global pandemic has ushered in a time of great uncertainty and you should not have to stress in the event of any new unforeseen economic challenges as a result of Covid-19. We are keeping a close eye on the latest developments and decisions around property taxes from the Texas government.
American Finance & Investment Co., Inc. (AFIC) specializes in assisting property owners and business owners across Texas with their property taxes and we have helped thousands of people across the state with their financing needs, including many to pay their property taxes on time. We have worked with thousands of people across the state who have been in different situations with different budgets and we nearly always find a way to make it work to ensure that you are able to pay your property taxes.
If you want to apply for a property tax loan from AFIC, follow the easy steps below:
Simply complete the “My Property Tax Loan Quote” form on our website, after which you will receive an instant loan estimate. The only information we require to get you started is the following:
You will not have to put down any money, there will be no credit check, and we guarantee a rate match. Get in touch with our team at AFIC today to find out how we can assist you with your property taxes.
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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, Phar, 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.
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