Owning commercial property in the state of Texas can be a wonderfully lucrative endeavor, especially when business is good and the vacancy rate is low. Unfortunately, all of this can change rather quickly for property owners who find themselves delinquent on their property taxes. In fact, after just the first year of delinquency, the assessment of interest and penalties can cause the original tax debt to rise by 48%. As additional years begin to accrue, property owners can soon find themselves at risk of losing the property altogether. Luckily, there is still hope, but it requires immediate action.
The Alternative Solution
There is an alternative solution, and the answer lies in commercial property tax loans. Regardless of whether the delinquent taxes were just an oversight or financial challenges made payment impossible previously, there is a viable solution available. The thought of having to come up with such a large amount of money at one time can make anyone want to bury this problem in a filing cabinet, out of sight and out of mind. Unfortunately, this tactic is not going to keep the tax collector from coming to collect their dues, and they probably aren't too interested in the reasons why the taxes became delinquent in the first place. The only thing to do is pay off the debt and get back on track. Owners of commercial property can do just that by considering the benefits of commercial property tax loans to pay off their debt in full to the tax collector.
Who Qualifies for Commercial Property Tax Loans?
The qualification process is simpler than one might think. In fact, there are few prerequisites needed and those who are interested can obtain an answer almost immediately. The best part is that once approved, commercial property tax loans not only pay off the delinquent tax debt, they also pay off all the penalties and interest, and stop the accumulation of any other fees. This takes the burden off of the property owner and lets him or her get back to the business of running their business. Property owners who start the loan approval process today can have their problem solved in a just a matter of days.
Why Choose a Commercial Property Tax Loan from Property Tax Funding?
This represents the fastest and most convenient manner to address and effectively handle a delinquent property tax situation. The approval process is easy, and almost all property types qualify including office, retail, warehouse, and multifamily properties. The repayment terms are convenient, payable in either a 3, 5, 7, or 10-year term, and designed to give the borrower the flexibility they need and a payment they can afford.
Ready to Get Started?
To get started, business owners can call in to speak to a licensed loan officer who can help answer any additional questions and get the application process going. The number to call is 1-877-776-7391. Already have all the information needed and want to apply? Great, those who are ready to face their delinquent tax issues once and for all can also get the property tax loan process started online. Simply visit http://www.propertytaxfunding.com/ to get started today.
Struggling with a delinquent tax problem is not easy. Commercial business owners in Texas now have somewhere they can turn to get the help they need. With a little help from Property Tax Funding, delinquent tax problems can be a thing of the past. Take advantage of this excellent opportunity today!
