If you live in the Lone Star state, then you probably love the fact that there are no state income taxes. Property taxes, however, are a different story altogether.
Your property tax bill can be high depending on the type of property you have, and the penalties for not paying it can be downright scary (up to 43% in the first year alone!). The expensive penalty fees can cause people to get dug into a deep debt hole that they struggle to get out of. Worse yet, if these taxes remain unpaid, you can be sued by the tax assessor. Ultimately, the tax assessor can foreclose your property.
Instead of going into a panic, don’t worry. You can easily get a property tax loan from American Finance & Investment Co., Inc (AFIC). A property tax loan from AFIC will pay all of your outstanding obligations due to property taxes, penalties, interest, and even any court costs to ensure that you are completely up to date on your taxes.
Most of our property tax loan applicants are approved, even if they don’t have a perfect credit history. We will also create a repayment strategy that fits within your budget, and we do not require a down payment. When you partner with AFIC, you will pay off your property taxes on a monthly basis or at a schedule that works for you.
AFIC has helped thousands of property owners in El Paso. With over 100 years of combined experience, we know how to efficiently bring you up to date with your property taxes.
We have deep roots in the community. The management team has taken great pride in volunteering both time and resources to the greater El Paso community, by serving in a leadership capacity in numerous philanthropic and local religious institutions. Honoring both AFIC’s success and community involvement, The University of Texas at El Paso awarded AFIC the prestigious Family Business of the Year award in 1999.
El Paso is one of the safest cities in America. The name means “the pass” in Spanish and it is situated in the far western part of Texas. The city has a diversified economy focused primarily on international trade, government civil service, tourism, oil and gas, healthcare, and the service sectors. According to the 2018 population estimate, just over 680.000 people live in El Paso. Some of the annual cultural events and festivals in the city include Amigo Airsho, KLAQ Great River Raft Race, SouthWestern International PRCA Roda, and the Fiesta de las Flores, to name a few.
Need more information about property tax loans in El Paso, TX? Get an instant quotation in under 1 minute by completing the form on our property tax loans page.
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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