When you do not pay your property taxes,the county places a tax lien upon your property. That lien charges interest and penalties each month until you either pay off your taxes or are foreclosed.
| On the First of Each Month | Penalty | Interest | Total Added for the Month |
|---|---|---|---|
| *Accounts not paid in full by June 30th of the year in which they become delinquent will be referred to the delinquent tax attorney for enforced collection, and will incur an additional penalty of 20% of the total taxes, penalties, and interest due. | |||
| February | 6% | 1% | 7% |
| March | 7% | 2% | 9% |
| April | 8% | 3% | 11% |
| May | 9% | 4% | 13% |
| June | 10% | 5% | 15% |
| July | 12%+20%* | 6% | 38% |
| Each month thereafter | 1% | Additional 1% each month | |
FYP is a lender of property tax loans. We lend to taxpayers with delinquent property taxes. At FYP, we work with you the taxpayer to craft a loan that is affordable and fixes your property tax problems. FYP offers flexible terms and fast turnaround times. FYP offers quick, easy, and simple qualifying for loans, and fast convenient closings.
Credit is not an issue. If you have delinquent taxes we can help you!
Do you qualify?
Yes, assuming:
- This is your best option. When you contact us, if a property tax loan is not your best option, we will tell you so.
- You own the property, and are not renting or leasing the property.