Texas’ reputation as a low-tax state may be in jeopardy, according
to recent published numbers from the Dallas Business Journal. With the
national average lower than the amount that most Texans are paying for
property tax, many homeowners may feel the burden of a larger payment.
According to the U.S. Census Bureau data, conducted by the Tax Foundation, “the average Texas homeowner pays more in property taxes than the national average.” The median annual property tax payment recently released in Texas last year was $2,275, the 14th highest in the nation, above the national average of $1,917. The release of this information ranks Texas as a higher-than-average state for property tax, putting additional stresses on home owners.
When calculated as a percent of home value, Texans paid 1.81 percent of their home’s value in property taxes, the third highest in the country, behind New Jersey and Connecticut. Collin County in particular is representative of the higher tax burden. According to the survey, the median property taxes paid on homes was $4,250, with median home value of approximately $205,000. When calculated, taxes as percentage of home value was 2.07%.
According to Jim Ferguson of Safe Texas Investments Ltd., “There is a growing need for property tax loans in Texas. We have a streamlined process established to help North Texans get relief from property tax bills. If you find that you are unable to make your property tax payments on time and are in need of a property tax loan, please see a property tax specialist,” according to Ferguson.
Safe Texas Investments Ltd. offers decades of lending experience, with an emphasis on property tax services. They work with clients to solve delinquent property taxes for commercial, residential, farm and mineral rights, as well as raw pieces of land in the State of Texas. To learn more about Safe Texas Investments.
source:- http://www.prweb.com/releases/2013/4/prweb10613092.htm
According to the U.S. Census Bureau data, conducted by the Tax Foundation, “the average Texas homeowner pays more in property taxes than the national average.” The median annual property tax payment recently released in Texas last year was $2,275, the 14th highest in the nation, above the national average of $1,917. The release of this information ranks Texas as a higher-than-average state for property tax, putting additional stresses on home owners.
When calculated as a percent of home value, Texans paid 1.81 percent of their home’s value in property taxes, the third highest in the country, behind New Jersey and Connecticut. Collin County in particular is representative of the higher tax burden. According to the survey, the median property taxes paid on homes was $4,250, with median home value of approximately $205,000. When calculated, taxes as percentage of home value was 2.07%.
According to Jim Ferguson of Safe Texas Investments Ltd., “There is a growing need for property tax loans in Texas. We have a streamlined process established to help North Texans get relief from property tax bills. If you find that you are unable to make your property tax payments on time and are in need of a property tax loan, please see a property tax specialist,” according to Ferguson.
Safe Texas Investments Ltd. offers decades of lending experience, with an emphasis on property tax services. They work with clients to solve delinquent property taxes for commercial, residential, farm and mineral rights, as well as raw pieces of land in the State of Texas. To learn more about Safe Texas Investments.
source:- http://www.prweb.com/releases/2013/4/prweb10613092.htm
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