What are Property Taxes?

Consequences of not paying property taxes are severe.

Property tax is a tax liability imposed on property owners and is typically levied by a city, school district or county. Each entity uses the revenue from property taxes to fund public services such as the public school system, law enforcement, and recreational programs.

Delinquincy Consequences

Pay your property taxes before you lose your house.

We call foreclosure "the atomic bomb of credit scars" because it cuts the deepest and lasts the longest. The truth is that foreclosure is the beginning of an eight to 10-year nightmare that can involve:

Added tax penalties
Garnished income and assets
Tax liens on your property
Foreclosure through tax sale
Kicked out of your house
Complete loss of home equity
Did You Know?

Your tax bill can increase by nearly 50% every year.

Failing to pay your property taxes by January 31st results in monthly penalties and interest charges that continue each month until you pay the amount of your overdue taxes and fees in full.

This example is based on a tax bill of $10,000
Graph demonstrating tax bill increases

Accounts not paid in full by June 30th are assigned to an attorney and incur an additional penalty of 15 to 20 percent of the total taxes, penalties, and interest due. Any other costs incurred by the county to collect your taxes (costs to auction the property, additional attorney fees, processing and ling fees, etc.) will also be added to your tax bill.

Note: Penalties and interest are based on counties in Texas, excluding Travis County. Attorney’s fees are an estimate and may be higher or lower depending on your taxing authority

Know Your Options

Everyone deserves to know their options.

If you are still behind on property taxes, contact us today for a FREE consultation. We are experts on property taxes and will help you take back control of your situation!

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Client Testimonials

People are talking about Morales & Stone

Cynthia – Rowlett, TX

I had out-of-control property taxes and didn’t know where to turn. You guys brought me comfort when I needed it the most and found a way to buy our house when no one else would.

Cynthia – Rowlett, TX
Mary – Oak Cliff, TX

My health complicated the issue. These gentlemen went so far as to call my health insurance company with me to solve the problem I had with them. You were literally a gift from God.

Mary – Oak Cliff, TX
Vicki – Dallas, TX

I’m over 65 and disabled. You helped me do everything from getting my birth certificate to taking me to the appraisal office. I now call you ‘friend’ and highly recommend your services.

Vicki – Dallas, TX
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