Higher Property Values Mean Bigger Tax Bills For Frisco Residents
Property owners in Frisco can expect to see a steady rise in property taxes due to the infrastructure build out to support the population growth in this suburban city. Frisco will soon be home to the Dallas Cowboys headquarters and training facility. Having America's Team here is going to boost the city's economy, too, but property owners should be prepared for the higher property tax bills that are sure to follow. For those who are already struggling to stay ahead of their annual tax bills, a big jump in property taxes can put them at risk of delinquency, and excessive interest and penalties from the tax assessor. A provision of Texas state law provides the option of a stress-relieving alternative -- Frisco property tax loans.
Frisco Property Tax Loans = Flexible, Low-Cost Tax Financing
When Frisco property owners don't pay their tax bill by January 31st, they're considered delinquent. Hefty penalties and interest start accruing on February 1st, and bills that aren't paid by July 1st are sent to the city's attorneys for collection. Within a one-year period, the collection fees, penalties and interest can total 48 percent of the taxes owed, and there's the additional risk of foreclosure. With Frisco property tax loans, property owners can settle their past-due tax bills before this happens. Frisco property tax loans offer easy qualification, fast no-cost closings, and manageable monthly payments that can be spread out over one to ten years.
Additional Property Tax Resources : City of Frisco -- official website, Collin County Tax Assessor & Denton County Tax Assessor
Friendly Frisco, population 135,000, is situated just 20 minutes north of downtown Dallas. Although it's seen explosive growth over the past decade, Frisco still has the feel of a small, close-knit community. Those who choose to live here discover there's a lot to love -- a thriving economy, affordable housing, outstanding schools, tons of shopping, dining and entertainment choices, and an array of theaters, recreational options and sports venues. Keeping property ownership affordable with Frisco property tax loans is as easy as contacting Property Tax Funding at 877-776-7391, or applying online.