Tag Archives: texas

What happens if you default on paying your property tax loan

Posted on June 4, 2012 by Property Tax Solutions

Under Texas law you would be given notice of the default and the opportunity to catch up on your payments. Foreclosure proceedings could be initiated only as a last resort. Our policy is to work with you to get caught … Continue reading →

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Exemptions available to Texas property owners

Posted on May 30, 2012 by Property Tax Solutions

There are several types of exemptions you may receive.  • School taxes: All residence homestead owners may receive a $15,000 homestead exemption from their home’s value for school taxes. • County taxes: If a county collects a special tax for … Continue reading →

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When can a taxing unit file a delinquent tax suit?

Posted on May 23, 2012 by Property Tax Solutions

A taxing unit may file a lawsuit at any time once taxes on a property go delinquent. The taxing unit’s last resort is taking a delinquent property owner to court. If a delinquent tax suit is successful, the court costs … Continue reading →

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Can a property owner whose property was sold at an auction get that property back?

Posted on May 23, 2012 by Property Tax Solutions

Yes. A person can redeem the foreclosed property within six months after the purchaser’s deed is filed for record. The old owner must pay the new owner the purchase bid for the property, plus recording fees, amount of any taxes, … Continue reading →

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If I’m elderly or disabled and can’t pay my taxes, will the taxing units sell my house and put me on the street for not paying my taxes?

Posted on May 22, 2012 by Property Tax Solutions

If you are 65 or older or disabled, you may defer or postpone paying any current or delinquent property taxes on your home for as long as you own and live in it. To postpone tax payments, you must file … Continue reading →

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How a Texas property tax loan works

Posted on May 21, 2012 by Property Tax Solutions

What happens when you contact us about a property tax loan? 1. We explain how a property tax loan works (it’s simple) and answer all your questions. 2. We collect some information about how much you need to pay your … Continue reading →

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Is the Assessed Ad Valorem Tax value (the appraised value) of a commercial or residential property the same as the market value?

Posted on May 17, 2012 by Property Tax Solutions

While Texas, and most states, support the concept that assessed values for property tax are equal (or at least approximate) to the estimated market value, this often is not the case. Examples include when interior remodeling has occurred and the … Continue reading →

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Do appraisers use a formula, such as a specific price per square foot, to configure the value of almost any type of property?

Posted on May 14, 2012 by Property Tax Solutions

Appraisers make a detailed analysis of all factors pertaining to the value of a home or commercial building, a building site, a tract of land acreage, etc., including the specific location, condition, size, proximity to facilities and recent sale prices … Continue reading →

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