Property Tax Solutions

There is perhaps no worse feeling than having your local municipality chasing you for property tax arrears. Many times, property tax arrears arise because of an oversight or miscommunication between a borrower and a lender. Quite often, a borrower will assume the payments are being made with their mortgage payments, only to find out that they are not being deducted. Other times property tax arrears are a direct result of not being able to afford to make the payments. If you can’t pay your property taxes, you will quickly find out just how serious an issue they are as most municipalities are quick to attempt to recover monies owing as this is their main source of revenue.