Not Paying Your Property Taxes, Not a Good Idea
“Joe,
I want to thank you again for getting the refinance done for me. I know it wasn’t a lot of revenues for you, but can tell you it meant the world to me.
I can’t believe how stupid I was not paying my property taxes. When I had a mortgage, the taxes were included in the monthly payment. Unfortunately, it got totally out of hand. Never too old to learn a valuable lesson.”
I have never kept track of how often I do a refinance for folks that got behind on their property taxes. And I wish I could say it never happened to me… But like the email above, it didn’t happen again.
The interest in the outstanding taxes is a killer. Interest on property taxes and credit cards accumulates in a hurry and can get out of hand fast!
Let me know if I can help you with credit counseling, debt consolidation, or anything else!